Industry: Services Region: Europe Transaction price: US $1 million Method of transaction: Equity investment
Company profile
The company is a European industrial services provider with strong expertise in heat treatment and has had many conversations with potential customers, business areas and industry experts in China over the past few years.
The company mainly provides the following heat treatment services:
Quenching/tempering treatment: including martensite quenching/tempering and bainite quenching/tempering (low distortion quenching);
Annealing treatment: according to customer requirements, and in the air, activated or nitrogen in different environments to get the desired results; The company's diverse services cover stress relief annealing, soft annealing, standard annealing, etc.
Gas nitriding and carbonitriding: to achieve high wear resistance, corrosion resistance and high strength of components;
Metallographic analysis: Vickers/Rockwell hardness test, spectral analysis, residual austenite analysis, etc.
Company's customers
The company's technical advantage is its ability to provide customers with high-tech and high quality solutions that require no investment in machinery, and the most advanced heat treatment processes. The customer pays no labor costs, no production space is created, and there are no capacity and maintenance issues.
The company, in cooperation with a well-known European manufacturer of heat treatment equipment, will set up heat treatment workshops according to customer requirements. The company targets the automotive, new energy and mechanical engineering industries, which require external heat treatment services in the supply chain. The company's current customers include ZF, Schaeffler, Daimler, Bose and others.
Intention to collaborate: The company has won a specific project in China, with demand from the wind energy industry, to provide technical services to an OEM and Tier 1 parts supplier for wind turbines. The company now hopes to work with financial investors to establish a heat treatment service chain in China.