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Transense Technologies Partners with Haltec for US Expansion

Story Highlights
  • Transense Technologies partners with Haltec to distribute tyre inspection tools in North America.
  • The agreement marks Transense’s first US distribution with local inventory and service capabilities.
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Transense Technologies Partners with Haltec for US Expansion

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The latest announcement is out from Transense Technologies PLC ( (GB:TRT) ).

Transense Technologies has announced a strategic partnership with Haltec Corporation to distribute its Translogik division’s advanced tyre inspection tools in North America. This agreement marks a significant expansion for Transense, as it provides local inventory and service capabilities in the USA for the first time. The partnership aims to broaden the reach of Translogik’s products and tap into Haltec’s established sales network and reputation, potentially driving substantial growth in the region.

More about Transense Technologies PLC

Transense Technologies is a UK-based company specializing in sensor systems, particularly for tyre management and vehicle condition monitoring through its Translogik division. The company focuses on providing advanced tools and software designed to enhance safety, compliance, and operational efficiency in the automotive and fleet industries.

YTD Price Performance: -13.04%

Average Trading Volume: 20,232

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £22.83M

Find detailed analytics on TRT stock on TipRanks’ Stock Analysis page.

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