Thu, 17/07/2014 - 15:00
Zoyi Capital has invested in Quaser Machine Tools, a machine tool manufacturer in Taiwan specialising in high-precision and multi-axis machine centres.
Quaser manufactures and sells machine centres primarily under its own brand and has also secured original equipment manufacturer partnerships.
To capture new growth opportunities, the company has a continuous focus on product development including new product launches and market expansions. This has led to a strong global presence, with over 30 distributors worldwide and service centres in Switzerland, China and Taiwan.
“Zoyi Capital has identified favourable industry trends for high-end machine tool manufacturers, driven by economic recovery in Europe, repatriation of manufacturing in the US and rising demand for high-end machine tools in China. We believe Quaser’s visionary and seasoned management team is uniquely positioned to capture this growth given its strong global distribution network and customer base,” says Andrew Kuo, founding partner and CEO of Zoyi Capital.
Through its network, Zoyi Capital has developed a strong relationship with the founders and management team of Quaser.
“As we continue to expand our business, we look forward to partnering with Zoyi Capital whose extensive global network will help expand our market share, particularly in the US and China,” says Samuel Shieh, chairman of Quaser.
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