The TALIS Group, through its French subsidiary BAYARD SAS, has concluded a JVA with the Chinese company Kc-Val. The 60%:40% Joint Venture is named TALIS Flow Control (Shanghai) Co. Ltd and it will take over the current industrial activity of Kc-Val, which focuses on the production of control valves.
TALIS Flow Control will gradually start manufacturing different types of valves for the TALIS group. For TALIS, this industrial platform will become its first production facility outside Europe/Israel. The operation will begin in the Q4 2016, after the JV receives all its relevant registration documents and certificates. This venture is an important milestone for the TALIS group to strengthen its sourcing, manufacturing and selling capabilities and gain a global recognition.
