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Marsons Limited and Cleanhill Partners form joint venture for transformer business in US, Canada
06-Oct-2026, 04:33
Marsons Limited announced that its board of directors approved the formation of a joint venture with Cleanhill Partners to establish a limited liability company in the United States, focused on importing, marketing, selling, distributing, and servicing Marsons transformers in the United States and Canada, with potential future manufacturing for those markets, contingent upon finalizing a Joint Venture Agreement and receiving necessary approvals.