If you're a North American manufacturer of medical products and wonder what it's like to embark on a mission to expand in Europe, this case study of a medical textile manufacturer shows how EuroDev can help!
With the comprehensive and low-cost 4 month program EuroDev offers, organizations can outsource the efforts of expansion, while keeping full control of their products, business and targets. This case study follows 'TEX Medical" along its journey through European expansion.
"TEX Medical" engaged in EuroDev's introduction program: a 4 month low risk, affordable way for companies to test the waters in a market that's difficult to penetrate without the knowledge and network in place. After understanding the benefits of working with a EuroDev sales team, "TEX Medical" and EuroDev started a partnership and have currently been working together for almost 4 years.
Overall 14 new distributors were assigned and sales increased by more than 170%. The team capacity expanded from 2 to 3 dedicated part-time EuroDev sales professionals. A EuroDev M&A program was also initiated to research and manage deal closing to further strategically expand the footprint of this medical textile manufacturer in Europe.
Besides the 4 month introduction program for sales outsourcing, EuroDev can assist with hiring European sales professionals, and consulting on Mergers & Acquisitions. If you have any questions about the services we provide or would like to speak to someone about the opportunities in Europe for your business, please do not hesitate to get in touch with us.
Managing Director M&A, Gerben Groothuis
