The TALIS Group, through its French subsidiary BAYARD SAS, has concluded a Joint Venture agreement with the Chinese company Kc-Val.
The 60/40 joint venture, named TALIS Flow Control (Shanghai) Co. Ltd, will take over the current industrial activity of Kc-Val, which focuses on the production of control valves. TALIS Flow Control will gradually grow by manufacturing different families of valves for the TALIS group.
For TALIS this industrial platform will become its first production facility outside Europe and Israel.
After the joint venture has received all its relevant registration documents and certificates it will start its operations in quarter four of the calendar year in 2016.
With 1300+ employees and headquartered in Germany, the international group has 21 entities and 12 production sites world wide. In 2015 the Group realised worldwide net sales of €234 million euros.
The Group is ultimately owned by Triton, a private equity investment firm investing in medium-sized businesses in northern Europe, Italy and Spain. The firm is currently invested in companies in Austria, Denmark, Finland, Germany, Italy, Norway, Spain, Sweden and Switzerland, with combined sales of around €11.5 billion euros and more than 53,000 employees.
ABB has launched AquaMaster+™, a digital platform for smart water network management, designed to help water utilities monitor, analyze and manage their water networks, preventing pipeline water losses and optimizing operations.
Craig Nienaber, Business Development Manager for Safe Access Solutions (SAS) at HUBER Technology, explores why the company is seeing a growing level of interest in its safe access solutions for critical infrastructure providers, including their application in wastewater treatment assets.
Albion Water, the first NAV (New Appointment & Variation) to have been established in1999 and now under the ownership of SDS Water Group, has appointed Andy Holland as its new Director of Business Development.
UK water companies are invited to join an upcoming webinar which will explore how the sector can take indirect potable reuse (IPR) from concept to full-scale operational reality.
Southern Water has released film and images showing what it’s like to walk inside Hampshire’s expanded Yew Hill underground reservoir for the very last time, before it gets filled with water.
Hear how Scottish Water has completed its £235 million Ayrshire Glasgow Resilience Project - customers across Greater Glasgow, Ayrshire and East Renfrewshire will now benefit from a more secure and resilient water supply.
Hear how United Utilities is accelerating its investment to reduce spills from storm overflows across the Northwest.