Sealmatic Establishes A Joint Venture In UAE: SealTech LLC
Dec 23, 2024
Mumbai (Maharashtra) [India], December 23: Sealmatic India Ltd listed on the Bombay Stock Exchange (BSE: BOM: 543782) proudly announces that it has acquired Abu Dhabi Economic License (CN-5595547) for its joint venture with High Technology FZ-LLC (further referred as "HiTech") to establish SEALTECH SEALS REPAIRS AND MAINTENANCE - L.L.C a dedicated state of the art service center in Abu Dhabi. This 50:50 Joint Venture of Sealmatic with HiTech marks a significant milestone to cater to the ever-increasing demand for mechanical seals in the UAE region.
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