Big 5: Hira Industries announces JV deal at event
Firm’s Diamond Pipe Supports Division to team up with Walraven Group
The collaboration is designed to draw the companies closer together and offer an increased range of products and services to clients within the piping and installation industries.
Commenting on the announcement, Ravi Wadhwani, business manager of Hira Industries, said: “This collaboration between two very powerful businesses will enable both companies to share their synergies and build on their core competencies to create a new dimension in installation systems. We are proud and honoured to be involved with such an exciting venture.”
Jürgen Goldinger, global group director sales at Walraven Group, added: “Over recent years, we’ve seen our client base grow into Asia, former Eastern Europe and the USA. This joint venture now gives us the opportunity to expand into the Middle East and India, with the experience and presence that Diamond Pipe Supports already commands in this region.
“It’s an extremely exhilarating time for both our companies, as we both bring to the table skills and expertise which complement each other’s businesses. With this new alliance, we’re anticipating growth in many exciting new areas which will benefit both organisations and lead to substantial future success.”