TeleSoftas acquires shares in kurts toolbox
KAUNAS, LITHUANIA — Lithuanian IT solutions company TeleSoftas has become a shareholder in kurts toolbox, a German company providing business-to-consumer (B2C) rental of tools.
kurts toolbox is the B2C brand for the fully digital tool rental of the well-known Kurt König Group, a family-owned firm focused on construction and trade. The five-year-old kurts toolbox is regarded as the “digital speedboat” of the group and has already secured technological innovation leadership in the German B2C rental market.
TeleSoftas helped develop a mobile, contactless construction tool rental system for the German brand. The mobile app, kurts toolbox reports, has gained momentum in Germany.
“Our collaboration with kurts toolbox began with a small project to develop a mobile application and has since evolved into a long-term partnership where we serve as their primary technology partner, implementing their IT systems,” said TeleSoftas Chief Executive Officer Šarūnas Putrius.
Putrius went on to say that the partnership is an example of how Lithuanian companies can become shareholders of well-known international organizations, creating opportunities for collaboration and growth within the industry.
“TeleSoftas has been more than just a service provider for kurts toolbox over the past five years – they have become an equal partner for our lab Vioki and the whole group. The parties work closely together to ensure that smart technology and product design complement each other, resulting in a perfect symbiosis,” explained Kurt König Business and Digital Transformation Strategist Fabian Schuster.
TeleSoftas’ teams of IT developers, system architects, designers, project management experts, business analysts, testers, and marketers are helping operate its branches in Lithuania, Abuja (Nigeria), and its representative offices in Zurich and San Francisco, California.
