Expanding Geographies With a presence in over 130 locations across Norway, USA, Brazil, UK, Singapore, Spain, and Denmark, TESS offers extensive market reach, presenting opportunities to introduce new product lines or specialized services tailored to regional needs.
Strategic Partnerships Recent collaboration with Moleaer Inc. to supply nanobubble technology indicates TESS’s focus on innovative solutions, opening prospects to cross-sell advanced environmental and water treatment products to industrial clients.
Industry Leadership As Norway's leading supplier of hoses and accessories with a broad product portfolio including safety, environmental protection, and MRO, TESS can leverage its authority to expand into niche markets such as spill response and environmental solutions.
Growth Potential Generating annual revenues between $250 million and $500 million and operating in a mature industry, TESS presents sales opportunities in upgrading equipment, offering value-added services, and expanding technical support for industrial maintenance.
Technology Adoption Utilization of advanced tech stacks like Microsoft 365 and Survicate suggests openness to digital engagement and data-driven sales approaches, facilitating targeted outreach and enhanced customer experiences for business growth.