Česká Lípa | August 1, 2024
After more than 30 years in the portfolio of the TTS Tooltechnic Systems AG & Co. KG group, the Narex s.r.o. brand, with more than eighty years of history, is returning to Czech hands. On August 1, 2024, the company was officially sold to the family-owned firm Schipro s.r.o., which is one of the major players in the power tools market in Europe.
Continuing the tradition in Česká Lípa
Narex s.r.o. will continue its development, testing, service, and business activities in Česká Lípa, where the company will remain managed by the Czech team under the leadership of the managing director, Mr. Jaroslav Hybner. “We are pleased that Narex is returning to Czech hands, and I believe that this will enable us to grow steadily both in the Czech Republic and whole Europe. I can already say that you can look forward to many new product that we are working on,” says Jaroslav Hybner.
Strong history and stability for business partners
The Narex brand is well established, especially in the Czech and Slovak market. This change in ownership brings new energy and opportunities for further development. However, for our business partners, nothing changes and everything remains as it was.
Strong vision for the future
The family-owned firm Schipro s.r.o. has many years of experience in the power tools market, which, in synergy with the strong Narex brand, will be a potential for further growth and success. Schipro s.r.o. is committed to continuing the quality and innovation for which Narex is notoriously known.
“Recently, we introduced a range of garden tools to the market, and this year and next, we will be launching new models made for the most demanding applications, from construction to metalworking and the automotive industry. We also plan to expand our service and customer experience offerings. The new owner, with its experience and resources, is a very welcome impulse for the future of the brand and our employees,” adds Jaroslav Hybner.