Business
Xometry Launches In Turkey With The Acquisition Of Tridi, Turkey’s Leading On-Demand Manufacturing Marketplace
Xometry Acquires Tridi, Turkey’s Leading Manufacturing Platform With A Vetted Regional Manufacturing Network & Corporate Buyers Across Diverse Industries,
About this update from Xometry, Inc.
[{"type":"text","content":"Xometry Acquires Tridi, Turkey’s Leading Manufacturing Platform With A Vetted Regional Manufacturing Network & Corporate Buyers Across Diverse Industries, Including Aerospace And Aeronautics, Automotive, Consumer Electronics And MoreXometry Launches Localized Marketplace In Turkey Available At xometry.com.trXometry’s Proprietary Instant Quoting Engine Delivers Instant Pricing, Accurate Lead Times And Instant Feedback, Empowering The Creation Of Resilient Supply Chains MUNICH, Germany and ISTANBUL, Turkey, March 03, 2023 (GLOBE NEWSWIRE) -- Xometry, Inc. (NASDAQ: XMTR), the global online marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced it continues to expand its significant footprint in the European region, with the acquisition of Istanbul-based Tridi and launch of a localized marketplace for Turkish customers, xometry.com.tr. With the acquisition of Tridi, Xometry adds a significant marketplace in a strategic area of the region that can support customer needs throughout Europe. Xometry’s localized marketplaces are powered by the company’s proprietary, AI-driven Instant Quoting Engine and allow regional customers to get quotes and purchase parts directly in local currency. Tridi’s customers come from diverse industries, including aerospace and aeronautics, automotive, consumer electronics, plastics and more, including large international enterprise organizations. Tridi offers CNC machining, 3D printing, sheet-metal fabrication, injection molding and urethane casting services across its network of vetted regional manufacturing suppliers. Tridi will continue its operations under the Xometry Turkey brand and will be a subsidiary to Xometry Europe. “Our continued expansion across Europe reflects our commitment to becoming the global marketplace for the large and growing industrial market,” said Randy Altschuler, CEO of Xometry. “With the acquisition of Tridi, we’re giving our customers throughout Europe more opportunities to source their manufacturing needs. Our localized marketplaces help entrepreneurs, small- and medium businesses as well as large enterprise organizations connect with manufacturers to create locally resilient supply chains so that they can bring goods to market faster and operate with greater efficiency. We are proud of our track record in Europe, where we now have ...