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A-JV-is-formed-factory-news-and-more-2

A JV is formed, factory news and more

By Elevator World | August 1, 2016

Schindler forms China JV with Volkslift Schindler reported in June that it has established a joint venture (JV) with Chinese elevator company Volkslift Elevator (China) Co. Ltd. The agreement entails Schindler initially acquiring a 25% equity stake in Volkslift with options to purchase the remaining shares. Based in Zhejiang Province, Volkslift is a local independent…

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