Meath Steel Fabrication Firm Announces Significant Alliance in Turkey
Kells Stainless Targets €10bn Turkish Pharma Industry
Kells Stainless, an innovative Irish stainless steel fabrication company, today (29th March 2012) announced a new strategic alliance with Umde, one of Turkey’s leading stainless steel fabricators, to jointly target the burgeoning €10bn Turkish pharma industry.
The announcement was made as part of this week’s Enterprise Ireland trade mission of 25 Irish companies to Turkey which is aimed at increasing trade between Ireland and Turkey.
The contract will enable Kells Stainless to increase its business in Turkey, with a €2m sales target by the end of 2013.
Welcoming the announcement Minister Costello said:
“I strongly congratulate Kells and UMDE on this important strategic alliance and wish them every success in their partnership. This announcement is a great example of how an innovative Irish company can partner with a local business to access the significant market opportunity that Turkey presents”.
John McKeon, CEO Kells Stainless of Ireland added:
“Umde is one of Turkey’s leading Stainless Steel prefabricators with capability and scale to handle R&D, process design and turn key projects for the major food and beverage manufacturers in the region.
“Working with Umde, we will be able to offer high tech capability and competative pricing to both local and International companies who have committed to Turkey as the regional manfacturing hub. Umde’s strong local presence and reputation, will also give Kells access to new customers and sectors and add scale and scope to our existing multi national clients.”
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