DKSH Business Unit Technology and Vertech Capital, an advisory firm with a focus to commercialize new-to-market technologies, have built a strategic collaboration to drive innovation and accelerate Industry 4.0 in the APAC region.
Media release
Singapore, April 08, 2020 – DKSH Business Unit Technology, the leading Market Expansion Services provider for technology companies seeking to grow their business in Asia, has decided to collaborate with Vertech Capital. The partner company is an advisory firm based in Singapore that manages a portfolio of startup companies with the aim of driving innovation in a variety of industry sectors.
Vertech will actively look for startup companies that are seeking Market Expansion Services in the APAC region and will introduce them to DKSH. In case of a good match with Vertech's portfolio of start-up companies, DKSH will provide tailored Market Expansion Services, including marketing and sales, price localization support and after-sales services for the startups that are looking to enter the APAC region. Vertech will further assist DKSH and the startup company as an intermediary facilitator by sourcing for commercial projects that could serve as an initial pilot and sales channel.
Sheryl Foo, Director, APAC & EMEA, Vertech Capital shared: “With DKSH, we have found the ideal partner to jointly unlock the transformative value of innovative technology. DKSH has a proven track record of growing technology solutions and products in the region. Through this collaboration, we have the expertise and experience to help our startup partners grow in the APAC market.”
Hanno Elbraechter, Head Business Unit Technology, DKSH said: “We are proud to have a partner like Vertech Capital who connects and curates a global portfolio of cutting-edge technologies. With this collaboration, we will be at the forefront of introducing leading solutions and technologies to our customers to help them stay ahead in the competitive market.”
For further information, please contact:
DKSH Entity Ltd.
Irene Chen
Director, Group Marketing
Business Unit Technology
Phone + 886 2 8752 7611
irene.yr.chen@dksh.com
About Vertech
Capital Based in Singapore, Vertech Capital is an advisory firm that partners with public and private sector stakeholders to drive innovation. The firm manages a global portfolio of innovative technologies to accelerate Industry 4.0. Its strategy and innovation arm focus on the commercial translation of cutting-edge technologies across Asia and Europe, with traditional expertise in the energy sector.
About DKSH
DKSH is the leading Market Expansion Services provider with a focus on Asia. The Group helps companies to grow across the Business Units Healthcare, Consumer Goods, Performance Materials and Technology. The service portfolio covers sourcing, market insights, marketing and sales, eCommerce, distribution and logistics as well as after-sales services. Publicly listed on the SIX Swiss Exchange, the Group operates in 36 markets with 33,350 specialists, generating net sales of CHF 11.6 billion in 2019. With its Swiss heritage, DKSH has been deeply rooted in Asia Pacific since 1865. The DKSH Business Unit Technology offers complete solutions for specialized industrial applications. With around 1,670 specialists, the Business Unit generated net sales of CHF 431.9 million in 2019.