Quandarium Associates Announces Opening of Hong Kong Subsidary
Fully owned subsidiary will provide enhanced customer service for QA Motorsports products as well as serve as the base for their Asia Motorsports Network community
SHEUNG WAN, Hong Kong - April 17, 2014 - PRLog -- Quandarium Associates LLC, a leading provider of products and services related to Asia performance automotive and motorsport markets, today announced the opening of Quandarium Associates (HK) Limited. Based in Sheung Wan, the new Quandarium subsidiary will provide a platform for increased grow in the rapidly emerging Asia performance aftermarket.
Quandarium already has end-customers as well as business partners in Hong Kong and Mainland China with plans to expand further into Taiwan, Singapore, Thailand, Malaysia, Philippines and Indonesia. The emerging performance aftermarket fueled by motorsports teams and street enthusiasts married with the recognition that superior products and services deliver winning results translates into tremendous opportunities for the company. The new Hong Kong subsidiary will be driving marketing and sales for QA Motorsports (http://www.qa-
Jim Moore, US General Manager and acting Managing Director of Quandarium Associates (HK) Limited, said “We are very excited to be in Hong Kong today to celebrate the opening of our new subsidiary. Having an in region presences will allow us to better serve our existing customers with the addition of regional distribution capabilities and further accelerate our growth plans.”
Quandarium Associates (HK) Limited’s first order of business will be selecting a distribution partner to handle product warehousing and order fulfillment. Several providers have already submitted proposals and they plan to make a final decision in the coming weeks. The capabilities are expected to be fully operational by mid Summer 2014. Moore said, “Having warehousing and fulfillment capabilities in Hong Kong for our QA Motorsports group will greatly reduce the costs associated specifically with our European supplied brands as well as dramatically reduce lead times for all of the brands we offer.”
Quandarium Associates LLC based in Willoughby, OH with offices in Hong Kong, China specializes in providing performance aftermarket companies with insights and programs specific to the emerging Asian motorsport and the performance aftermarket channels. Through their in house expertise and a network of well established service providers they provide complete affordable solutions for market research, competitor analysis, marketing / promotional opportunities, and product distribution.