9/2/2009 12:34:00 PM
Regenersis completes acquisition of repairs company TRS
Regenersis announced it has completed its acquisition of repairs company Total Repair Solutions (TRS) this week (1 September).
In July, Mobile reported that Regenersis was poised to buy TRS as the repair market dwindled.
Repair industry sources had claimed pan-European service centre Regenersis was looking to buy Scottish based TRS to boost the volume of handsets that it processes.
The move will increase its scale, and consequently its profit margins, in the increasingly tough repairs industry.
Regenersis CEO Gary Stokes said: ‘I am very pleased to confirm the completion of this important acquisition. TRS is highly complementary to our existing technical services offering and very closely aligned to our own ethos of service excellence and delighted customers.
‘I look forward to working with TRS’ exceptionally committed and talented management team in driving our two businesses forward.’