Industrial and medical gases manufacturer, Ellenbarrie Industrial Gases has entered into an agreement with German company Lorch Welding Technique Gmbh.
The companies will combine to set up a welding solution centre at Ellenbarrie’s industrial gases facility in Uluberia, West Bengal.
Joint managing director of Ellenbarrie, Indrajit Mookherjee, said, $quot;The centre would give tremendous synergy to the operations or the company as the client basket was common for both.$quot;
The German firm would have a 50% stake in the joint venture and Ellenbarrie will have a 41% stake.
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