Kiwi company, Propspeed has announced a massive investment in global expansion.
Building on the brand’s recent establishment of a United States presence with Propspeed USA, the company is developing its European distribution network. It has recently appointed several new hires in key markets.
To further support their customers in the United States Propspeed USA was established in 2020, and at about the same time, internationally, Propspeed partnered with CMP Group Ltd. for distribution by CMP Europe in Italy and Jia Da Specialty Metals, a division of CMP Group, in China.
The company has just finalised partnerships with Yachtpaints Equipment & Consultancy (YEC) to supply its product line of foul-release coatings to customers throughout the Netherlands; Bukh Bremen GmbH to focus on the German market, and Quick Spa to service customers around the globe.
“Any brand that hopes to be a major marine player internationally, cannot point to a single new distributor or the employment of a couple of new staff and claim they are focusing on global expansion,” said Chris Baird, CEO, Propspeed. “At Propspeed, we are committed to our continual goal of being the world leader in protecting underwater assets and offering our customers globally the service they deserve.”
Propspeed’s ultra-slick topcoat is specially formulated to prevent marine growth from bonding to metal surfaces below the waterline. It is proven to increase boat efficiency, reduce drag, save fuel and maintenance costs. It features an exceptionally strong chemical and mechanical bond between the metal substrate, the Etching Primer and the Clear Coat – ensuring that the Propspeed coating sticks to running gear, and any other underwater metals, and performs season after season.
Propspeed products include Propspeed for running gear, Foulfree for transducers and Lightspeed for underwater lighting. For more information on Propspeed or its industry-leading coatings, please visit www.propspeed.com.