KITZ Group and GIVA Group have entered into a business alliance. The CEO’s of both companies signed the contract in the KITZ Nagasaka Plant in Yamanashi, Japan.
KITZ Group, head quartered in Japan, is a globally operating valve manufacturer and consists of 33 companies mainly providing production and sales of both commercial and industrial valves.
GIVA Group, head quartered in Milan (Italy), is a globally operating rolled rings and shells and consists of 14 companies also providing production and sales of cast steel and forged
valves. GIVA Group also has RMT, manufacturer of trunnion mounted ball valves, and DVG,
manufacturer of industrial actuators, in its group companies.
valves. GIVA Group also has RMT, manufacturer of trunnion mounted ball valves, and DVG,
manufacturer of industrial actuators, in its group companies.
KITZ Group and GIVA Group agreed to complementary supply products in the industrial valve business. “We aim providing products in package for projects in Oil and Gas market which is escalated awareness of industrial valves business”. The companies plan to provide GIVA products to the down-stream market, the main business area of the KITZ Group, and KITZ products to mid to up-stream market, the main business area of the GIVA Group.
“With this alliance, we both believe that we are able to provide next level solution to our business partners and customers, and expand our business opportunities. We are sure that we both can gain a lot of synergy in each business area and expand our business through this alliance.”