TRIFORCE INVESTMENTS Pte., Ltd. (“TFI”) is pleased to announce that TFI has completed the 100% acquisition of General Storage Company Pte. Ltd. (“GSC”) and its brand, Lock+Store on 22nd December 2021. Following this completion, GSC and its subsidiaries will officially be part of the Mitsuuroko Group.
“With this acquisition, we have also inherited a team of experienced and talented Singaporeans with whom we are excited to work with to engage Singapore and other key markets in the region,” commented Goh Wee Meng, Executive Director of Triforce Investments. Together with GSC‘s existing management team, TFI aims to expand GSC’s footprint in Singapore and around the region, as well as to innovate its business to better serve the consumers and SMEs in Asia.
TFI is headquartered in Singapore and is set up by Mitsuuroko Group Holdings to invest and develop energy, logistics, and social infrastructure-related businesses in Singapore and the regional economies. As TFI looks to build on GSC‘s achievements, it will also pursue new opportunities and contribute to the local communities in Singapore and beyond. To meet these objectives, TFI intends to increase its headcount in Singapore.