GMM Pfaudler’s wholly owned subsidiary -- GMM Pfaudler US Inc., USA has incorporated a joint venture company with JDS Manufacturing Inc in USA named ‘GMM Pfaudler JDS’ and has completed the acquisition of 51% shareholding of GMM Pfaudler JDS on November 28, 2022. The joint venture will help both the parties to further develop the high-margin service business and is expected to strengthen GMM Pfaudler’s market position in the USA. GMM Pfaudler US Inc and JDS holds 51% and 49% respectively in GMM Pfaudler JDS.
GMM Pfaudler is a leading supplier of engineered equipment and systems for critical applications in the global chemical and pharmaceutical markets.
