The Hilma division of German workholding specialist, Roemheld, has entered into a 50:50 joint venture (JV) with long-term co-operation partner, Rivi Magnetics, Sassuolo, Italy. The JV company, Roemheld Rivi GmbH based in Hilchenbach, Germany, intends to leverage both partners’ expertise to develop new applications for magnetic clamping technology and penetrate global markets more comprehensively.
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