SuperyachtNews.com - Business - Teakdecking Systems acquires Teak Solutions SL

By SuperyachtNews

Teakdecking Systems acquires Teak Solutions SL

The US company looks to strengthen its presence in a key Mediterranean market…

US-based manufacturer and installer of pre-manufactured teak and composite decking, Teakdecking Systems Inc., has acquired Teak Solutions SL of Barcelona, Spain. A statement to the media read, 'This acquisition strengthens both companies’ product and service offerings and reinforces Teakdecking Systems (TDS) presence in the European marine market.'

Teak Solutions is a decking manufacturer with headquarters in Barcelona and an operations facility in Valencia. Teak Solutions was founded in 1993 in the US by experienced decking professionals and later centred its operations in Spain.

“While we are already a market leader, working with customers across the globe, the acquisition of Teak Solutions expands our commitment of being a global supplier of premier decking,” said Richard Strauss, President of TDS. “Now, with a base operation in Europe, our ability to serve our clients is greatly improved. We will have access to well-established superyacht hubs of the Balearic and Mediterranean Seas. With a presence in these locations, we are making it easier for customers to work with us.”

John Shinske, Managing Director of Teak Solutions, commented, “TDS is the ideal company to purchase this 18-year old business. They have been building premier decking since 1983 and introduced the concept of pre-manufactured decking panels. We adopted their method and now expect to learn more from them. Further, our talented team will be retained, and we are excited to be part of the successful TDS legacy.”

Profile links

TEAKDECKING SYSTEMS, INC.

Teak Solutions Ltd

Join the discussion

Teakdecking Systems acquires Teak Solutions SL

31867

To post comments please Sign in or Register

When commenting please follow our house rules


Click here to become part of The Superyacht Group community, and join us in our mission to make this industry accessible to all, and prosperous for the long-term. We are offering access to the superyacht industry’s most comprehensive and longstanding archive of business-critical information, as well as a comprehensive, real-time superyacht fleet database, for just £10 per month, because we are One Industry with One Mission. Sign up here.

Related news

Image for Recovering an underwater forest of lost teak

Recovering an underwater forest of lost teak

A new paradigm for yacht builders

Design

Image for Teakdecking Systems partners with The Nature Conservancy

Teakdecking Systems partners with The Nature Conservancy

The partnership will work towards improving forestry practices and fighting illegal logging in Myanmar

Technology

Image for LIGNIA Wood Company joins Water Revolution Foundation

LIGNIA Wood Company joins Water Revolution Foundation

The WRF aims to drive sustainability in superyachting and will play an active role at The Superyacht Forum

Business

Sign up to the SuperyachtNews Bulletin

Receive unrivalled market intelligence, weekly headlines and the most relevant and insightful journalism directly to your inbox.

The SuperyachtNews App

Follow us on