TLT-Turbo – Joint Venture
ACTOM and leading global fan producer TLT-Turbo form local joint venture company
ACTOM has joined international fans company TLT-Turbo GmbH of Germany in forming a joint venture (JV) company to cater to both the Sub-Saharan and local market for all types of large fans.
The market comprises mainly the industrial, mining, process, metallurgical, cement and power generation industries. The formation of the JV company, TLT ACTOM (Pty) Ltd, and the technology and licence agreements signed by the two partners took effect from May 1, 2015.
ACTOM and TLT-Turbo negotiated the new international partnership after ACTOM’s technology agreement with international ventilation fan producer Solyvent Fläkt Woods AG was dissolved as a result of the acquisition of that company’s international fan division by an opposition fan manufacturer.
TLT ACTOM retains the existing technology agreements with Fläkt Woods for categories of fans used in industry and for heating, ventilation and cooling (HVAC) systems used mainly in large commercial applications.
The large fan systems covered by TLT ACTOM’s new technology partnership incorporate axial flow and centrifugal fan units with power ratings of up to 15 MW.
TLT-Turbo GmbH is wholly owned by Power Construction Corporation of China, a Chinese state-owned industrial conglomerate which is one of the world’s 500 largest companies.
Craig Johnston, Managing Director of TLT ACTOM – which formerly traded as ACTOM Mechanical Equipment – said: “The new partnership arrangement places us in a much stronger positon than before in two major respects. Firstly, in partnering TLT-Turbo in a 50-50 JV company we have a closer and firmer association with our international partner than applied previously.
“Secondly, we are entering the local power generation market with much stronger credentials than before. There is an established installed base of TLT-Turbo large axial flow fans at Eskom’s Majuba power station and their fan systems are being installed and commissioned at both of Eskom’s new power stations, Medupi and Kusile.”
Rainer Redinger, Managing Director of TLT-Turbo, said: “The formation of the JV company is a big step forward for us in the Southern African region as it enables us to serve our local customers better. We now have a local company with the necessary expertise and a well-established presence to give full support to our local customer base and with the capacity, backed by our well-proven systems, technology and service knowhow, to expand our business in the region in all types of fan applications and to become a full after-sales service provider.”
ACTOM (Pty) Ltd is the largest manufacturer, solution provider, repairer and distributor of electro-mechanical equipment in Africa, offering a winning and balanced combination of manufacturing, service, repairs, projects and distribution through its 40 distribution outlets throughout Southern Africa.
ACTOM is also a major local supplier of electrical equipment, services and balance of plant to the renewable energy projects.
It also holds numerous technology, distribution and value added reseller agreements with various partners, both locally and internationally.
For further information contact Craig Johnston, TLT ACTOM
PO Box 1300, Germiston 1400
Tel (011) 878-3029 Fax (011) 878-3002
Press release compiled by Julian Kraft, J Kraft Public Relations
PO Box 2826 Wilropark 1731
Tel (011) 472-6686
Date: May 28, 2015
Caption: A large centrifugal mine ventilation fan system from TLT ACTOM.