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Allgaier Enters into a Joint Venture in India
The Process Technology unit of Allgaier Werke GmbH/DE is extending its international activities by founding a joint venture company in India.
The company based in Uhingen is now working together with International Combustion (India) Ltd. (ICIL), a company from Kolkata. ICIL has been a licence holder from Mogensen GmbH & Co. KG, a subsidiary of the Allgaier Group, for some time now, and has been producing Mogensen sizers in India for many years. The agreement with Allgaier has brought about the newly founded MOZER Process Technology Pvt. Ltd. This merger is intended to strengthen the business development of Allgaier Process Technology in the Indian market by producing dryer systems locally. (7/2013)