Vaski Group, a Nordic sheet metal equipment manufacturer with headquarters in Finland, has signed a joint venture agreement with Leeport (Holdings) Ltd, based in Hong Kong. The partnership marks an important step in expanding Vaski’s capabilities and reach across China and Southeast Asia, two of the fastest-growing markets for sheet metal machinery.

By combining the strengths of both companies in advanced machinery and automation solutions, Vaski Group will be able to serve customers in the region with greater proximity, efficiency and innovation. The goal is to show the strong presence of Vaski products, with the joint-venture company distributing a full array of sheet metal processing equipment: entry level stand-alone machines, assigned production lines, and other special machinery.

The function of the joint-venture company includes sales and service support as well as product development and sourcing in this region. The quality products of Vaski Group, together with Leeport’s well established sales channels in China and Southeast Asia will bring the market new choices for sheet metal processing.

Vaski Group consists of the 10 year old Vaski brand, which has a reputation worldwide for flat bar (predominantly busbar) processing machinery and sheet metal coil processing machines; the 140 year old Ursviken, a major producer of large press brakes, presses and shears; and 50 year old Pivatic, which manufactures sheet metal coil and blank fed punching and bending systems.

Underlining Ursviken’s long history in press brakes is the world’s first press brake built in 1902 as well as the world’s largest single press brakes with a span as large as 22.4m.

More information www.leeport.com.hk