Litec's statement says: "The reorganisation was aimed at focussing on the business, brands and product range in the core market which we serve. It was this strategic decision that caused us to sell the IFF brand last March, to concentrate on Litec and strategic partnerships like Tomcat, Manfrotto and Columbus McKinnon."
The company says it will continue to introduce innovative products such as the RF40 (pictured) and MyT, and to improve existing products, whose success is increasingly confirmed in Europe and internationally (Libera and High Load range). "Our level of sales service has remained unaltered, as well as our technical and products support, while we will be increasing our external marketing activities towards our clients and distributors. We stay ready to face new challenges and growth opportunities," say Litec.
(Lee Baldock)