Joint Venture between Bosch Rexroth and Weifu High Technology Group

Joint Venture between Bosch Rexroth and Weifu High Technology Group

Joint Venture between Bosch Rexroth and Weifu High Technology Group

 Bosch Rexroth recently announced the company’s plans to form a joint venture with Weifu High Technology Group for strengthening the development, manufacturing, and sales of selected mobile and industrial hydraulic products in the Chinese market. The existing Le-HydrauliX subsidiary of Bosch Rexroth will be merged with this JV. Both entities signed the agreement on August 01, 2022, by keeping details confidential.