PRÆSIDIAD announce strategic investment in China
PRÆSIDIAD is a global group, home to three market leading brands, Betafence, Guardiar and Hesco. Betafence is a world market leader in perimeter protection; this new joint venture PRÆSIDIAD Dihang (Suzhou) Security & Fencing Technology is a strategic investment and significant step to re-establishing the Betafence brand in the high-growth Asia region.
Dino Koutrouki, Chief Executive Officer, PRÆSIDIAD: “It has been a long-term goal for PRÆSIDIAD to form a strategic partnership within the Asia region, and to launch a sales and manufacturing operation, to compete in this exciting and high-growth market. I strongly believe that now is the right time for us to begin this initiative and that we have selected the right partner to achieve our goals.”
With over 10 years industry experience and the capacity to produce 6 million meters of product annually, DH Fencing is a leading manufacturer of metal fencing products and is already a high-quality supplier to the Betafence product line in the US with residential market products.
Mr. Peng, Chief Executive Officer, DH Fencing: “This strategic partnership will grow our sales reach and our manufacturing capacity, allowing us to extend our platform for growth in China and global markets and fulfil the increasing demand from our customers.”
Together, PRÆSIDIAD and DH Fencing will plan operations and sales strategies to deliver customer requirements and accelerate growth.