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09-01-2016

Prettl Manufacturing and RavenTech Form a Joint Venture

Prettl Manufacturing, Pfullingen, Germany, is entering into a joint venture with RavenTech GmbH, based in Nuremberg, Germany. The resulting company, PR Appliance Technologies S.A. de C.V., headquartered in Querétaro, Mexico, will operate as a development partner for leading manufacturers in the household appliances industry.

The specialist knowledge that RavenTech GmbH will bring to the joint venture, as a provider of product development services, is an ideal complement to Prettl's global expertise in production using plastics. "Together we shall offer the customer a broader spectrum of services with innovative concepts", explained Carlos Barroso, who is representing Prettl in PR Appliance Technologies, describing the purpose of the new company. The aim of PR Appliance Technologies is to work with customers to develop components and systems for white goods, such as dishwashers, fridges, washing machines and driers, that are future-proof, and to present itself in the market as a strong partner for OEMs. Other benefits and synergies will result from the experience gained by the two parent companies in the North and South American market over many years.

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