News & Markets
New joint venture
Wehrhahn Teeyer Smart Technology Corp. Ltd. established in China
The joint venture company ‘Wehrhahn Teeyer Smart Technology’ was established to complement the key equipment supplied by Wehrhahn from Germany in projects where customers intend to procure the equipment specified as ‘local’ or ‘buyer’ supply through a reputable single contractor. It enables Wehrhahn together with the Joint Venture Company to offer cost-attractive turnkey solutions to customers around the globe.
Wehrhahn´s partner Teeyer from Changzhou is a listed company with an excellent reputation in the Chinese market. Prior to the establishment of the joint venture, the parties commonly realized several projects. Wehrhahn supplied the key equipment from Germany and Teeyer completed the ‘local’ delivery according to Wehrhahn's drawings and specifications.
Deeper co-operation in the form of a joint venture is now the logical consequence.