Euro Tech Holdings reported that the company has recently formed a new synergistic “White Label” BWTS business partnership in Greece. The company’s majority-owned subsidiary, Yixing PACT Environmental Technology Co., Ltd., has signed an exclusive sales distribution and OEM partnership agreement with ERMA FIRST ESK Engineering Solutions S.A. This partnership has created a synergy effect for both companies as PACT is a UV-based BWTS technology company and complements ERMA FIRST’s electrolysis technology. Sales distribution will be focused on 20 countries in Europe, and the company believes this will allow it to achieve quicker penetration in the European market over the coming months.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>