Triple D is a Thailand based investment company
Surfersvillage Global Surf News, 7 January, 2015 - Carlsbad - Surf Technicians, LLC announced today that Triple D Corporation Company Limited, has acquired the company. Triple D is a Thailand based investment company, that holds interests in various companies including a composites parts manufacturer. The acquisition brings the Surftech brand under a single ownership and provides the company unparalleled financial support.
The sale is another chapter in what has been a very exciting time for Surftech, including welcoming a new CEO in early 2014, opening a Southern California office and hiring key management team members.
This is the beginning of a strategic growth plan for Surftech that has seen the successful launch of a re-energized 2015 SUP lineup as well as the launch of the new TL Pro Carbon "TLPC" surfboard technology that will be complemented with a new range of "Surftech" branded surfboards. Surftech plans to open its first hybrid retail concept store in Santa Cruz, California sometime in the first half of 2015.
"Today's announcement is a great thing for not only the Surftech family, but for all our partners, and customers" said Chris Dunn, CEO of Surftech "Being able to work closely with a partner who is dedicated to our success and who is very knowledgeable in the world of distribution and composites gives us the resources to continue to build on the momentum of the last 12 months."