Eindhoven, April 2019
Today TSS4U (TSS) announced that Aletra Capital Partners (Aletra) became its new majority shareholder. TSS designs and supplies solar and solar-hybrid off-grid solutions for mission-critical applications including oil and gas platforms, telecom cell towers, water treatment plants and industrial microgrids. Aletra provides the additional capital and financial security to the company that allows TSS to accelerate their growth plans in geographical markets and market segments. Aletra is based in Laren, The Netherlands and has a subsidiary in Singapore to cover the Asian market. TSS is based in Eindhoven, The Netherlands and has subsidiaries in Abu Dhabi and Kuala Lumpur to cover the Middle East, African and Asian markets.
“With the growth plans we have today, Aletra is a perfect match, firstly to meet our financial needs and secondly to apply their knowledge of the telecom sector and of the Asia region. Hence we are now better positioned to realize our global ambitions.”
“TSS is the premier international solar and solar-hybrid off-grid solutions provider. We are very happy to team up with TSS to enhance growth. The management of TSS will work hard to grow the company in oil and gas applications in current geographical markets, but also in new countries and in other segments. We will enthusiastically support that effort.