Clear sky
-3 °C
Germantown, Maryland
Clear sky

Mon Dec 10 2018
none

Looking for a joint venture partner?

19-03-2014
by 
in 
Progressive engineering firm Sevaan Group is seeking potential business partners – particularly with owners who are seriously considering retirement.
 
Sevaan Group’s business model sets up a joint venture arrangement where Sevaan Group executives draw the new business within its own supply chain.
 
This effectively raises capacities for both entities and thus increases business.
 
According to the Group’s CEO, Mr Tony Panrucker, Sevaan specialises in winwin acquisitions and is always looking for new opportunities.
 
“Sevaan is particularly successful in taking new products to market fruition as we have a ready made multifunction business at our disposal, he says. “There must be lots of people out there that may feel tired or out of ideas and they want some way to get out sensibly or continue on with renewed energies, fresh prospects and a new belief but have until now felt stuck there.”
 
Sevaan Group, which itself was formed by the merger of longstanding engineering companies, has made JV associations with synergistic manufacturers in various states.
 
One association led to the development of the successful Sevinn XPR post and picket remover which is being adopted as a fast, safe and efficient way to remove high quantities of starpickets and posts in various sectors.
 
Sevaan Group has recently invested in upgrading its powder coating and painting facilities.
 
Sevaan Group is now looking for an even wider market sector to find suitable companies for JV alliances.
 
“But we don’t go into the market rashly or blindly,” said Mr Panrucker. “The fit has to be very good and with high prospects for meeting market demand.”
 
Sevaan Group
Ph: 02 9824 5555

Related news & editorials

  1. 10.12.2018
    10.12.2018
    by      In
    Aurecon has named Louise Adams as Managing Director for Australia and New Zealand. She was formerly Regional Director responsible for the company’s South Australian and Victorian practice.
    Announcing the appointment, incoming Global Chief Executive Officer, William Cox, said: “Senior female... Read More
  2. 10.12.2018
    10.12.2018
    by      In
    Safety specialist Axelent is expanding its activities in Australia and New Zealand with the addition of Rob Quinn as Business Development Manager with a brief to focus on customer development and growth in the New South Wales and Queensland markets.
    “I am so pleased to welcome Rob Quinn to the... Read More
  3. 10.12.2018
    10.12.2018
    by      In
    As part of its strategic initiative to grow in its existing markets, MaxiTRANS is set to acquire Australasian Machinery Sales (trading as Trout River Australia), a leading manufacturer and supplier of live bottom trailers.
    The acquisition will be completed in two tranches, with 80% of Trout River... Read More
  4. 06.12.2018
    06.12.2018
    by      In
    With considerable experience in developing products for the garden market, industrial designer Shoji Sinclair was a natural choice to work in collaboration with Pope when the company wanted a new design for its Handy Hose Reel and Cart range, for sale in Australian mass merchant outlets.
    As with... Read More