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SI Trading opens subsidiary in Miami

Not just the home of Miami Heat: In September 2022, SI Trading opens its first branch in the US.

Mannheim. SI Trading goes west: On September 1, 2022, the Mannheim-based sourcing company will open its first branch in Miami. The procurement of high-demand goods for the American and European markets will be managed out of Florida.

"We are living in an age of shortages. Across the globe, the demand for hard-to-find components and precursors is rapidly increasing," says Jonas Seidel, managing director of SI Trading. "From Miami, we can serve our U.S. customers on a more individual basis, easily, and, above all, faster - thus, playing our part in overcoming the global procurement crisis."

SI Trading USA is a fully owned subsidiary of SI Trading GmbH. In the future, the company will manage the sourcing of semiconductors and other electronic parts from the new Miami office. The company's portfolio also includes food industry products.

Deres Eshete, who previously acted as technical manager and sales specialist and led the development of the alternative-sourcing team, will be appointed as CEO of SI Trading USA. "I am very pleased that Deres, a highly-skilled, experienced leader in the semiconductor market, will be supporting our international customers," says Seidel. "Together, we will revolutionize procurement in bottleneck markets."

The new office is located directly on Biscayne Boulevard in the heart of Miami between the Port of Miami and the famous Bayfront Park. "For our employees, we are creating a retreat with first-class working conditions and compensation - in the middle of one of the world's most vibrant metropolitan areas," says Eshete. There are still open positions.

About SI Trading

From semiconductors to medical protective equipment, SI Trading specializes in the procurement of critical goods and complex logistics services. SI Trading has quick access to parts and inputs from a global network of partners - helping international companies of all sizes from diverse industry backgrounds keep their business operations running, even in times of disrupted supply chains.


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