Xometry has announced the acquisition of Istanbul-based Tridi, an on-demand manufacturing marketplace that serves Turkish customers. The announcement follows the recent launch of the company’s UK marketplace, and contributes to the expansion of the company’s on-demand manufacturing services in Europe.
As a reminder, 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. Remember, how the company explained us that their main investments are performed on their platform and this algorithm, because this is what their business is based on. The solution analyzes millions of data points in real time to deliver instant pricing, accurate lead times and instant feedback to professionals and companies that are looking to strengthen their supply chains locally.
“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 11 localized marketplaces, and we welcome Tridi into the Xometry family.”
Tridi was founded in 2014 and has become a regional leader in on-demand manufacturing in Turkey. The company provides CNC machining, 3D printing, sheet-metal fabrication, injection molding and urethane casting services across its network of vetted regional manufacturing suppliers. Its customers come from diverse industries, including aerospace and aeronautics, automotive, consumer electronics, plastics and more, including large international enterprise organizations. Tridi will continue its operations under the Xometry Turkey brand and will be a subsidiary to Xometry Europe.
“We’re thrilled to join Xometry,” said Çınar Topaloğlu, Tridi co-founder and CEO. “Our customers and our manufacturing partners can already benefit from Xometry’s cutting-edge marketplace technologies and global manufacturing expertise by quoting and sourcing parts via xometry.com.tr.”
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