Sensoteq Signs $1.2m Deal With Canadian Distributor Eurotech

Belfast-based Sensoteq has signed a deal worth over $1.2m with Canadian distributor, Eurotech.

The two year contract will provide Sensoteq's wireless machine health monitoring systems to customers in Canada.

The deal comes as Canada becomes a growing market for Northern Ireland businesses, particularly for machinery, transport and equipment exports.

Invest NI's Toronto office, which opened last year, has helped guide businesses to explore and secure new export opportunities.

Sensoteq CEO Idir Boudaoud said: "We have seen huge business opportunities for Sensoteq in Canada. We have visited the market multiple times to build on the initial contacts made at last year's Waste and Recycling Expo and we continue to strengthen our business relationships.
News Image
"Our contract with distributor Eurotech is of huge importance to the future growth of the business and we are very optimistic about our growth in this market."

Invest Northern Ireland is currently hosting a trade mission to Canada and CEO Alastair Hamilton joined the eight local businesses in Toronto.

Commenting on the trade mission Alastair Hamilton added: "Canada is a key target market for ambitious Northern Ireland companies. The latest HMRC figures show that exports to Canada over the last four years have grown 33 per cent and are currently valued at £471 million, demonstrating the valuable business opportunities which exist here.

"Companies like Sensoteq demonstrate the great export opportunities Canada offers to our local companies. Focus on the Canadian market is paying dividends for Northern Ireland companies and we look forward to more success in this market."


Related Northern Ireland Business News Stories
Click here for the latest headlines.

09 January 2020
NI Firm Revamps Ireland's Largest Shopping Centre
Local firm GRAHAM has begun working on a €9.3 million revamp of Blanchardstown Centre, Ireland's largest retail development. Construction carried out by the Co Down headquartered firm will see the centre welcome eight new stores and unveil a modern, reimagined space upon completion in November 2020.
27 October 2015
Nine NI Firms To Participate In Trade Mission To Canada
Nine Northern Ireland firms are participating in a trade mission to explore the market and meet with potential distributors or trading partners in Canada. Enterprise, Trade and Investment Minister, Jonathan Bell is leading the mission. Minister Bell said: "Canada is an important market to the Northern Ireland economy.
10 July 2018
Invest NI Launch Go Canada Programme
Invest NI have announced their Go Canada programme, which aims to highlight the increasing opportunities for Northern Irish firms in Canada, in light of the signing of the Comprehensive Economic and Trade Agreement (CETA) between the EU & Canada in 2017.
10 December 2002
NI companies urged to explore Middle East market
Fifty companies with their sights set on Middle East markets gathered in the Hilton Hotel today for Invest NI’s briefing on its support services in the region.
08 June 2004
Seminar uncovers multi-million euro market opportunities
Invest Northern Ireland has urged local businesses to actively engage in research and development if they are to profit from multimillion euro market opportunities.