Exclusive distributor agreement with CVC in China

On 1 December 2016, REHOBOT Hydraulics AB and China National Vehicle Import and Export Corporation (CVC) entered into an agreement for the exclusive distribution rights of REHOBOT's product line of rescue hydraulics in China. CVC is part of China National Machinery Import and Export Corporation (CMC), which in turn belongs to China General Technology Group (GT). GT, also known as Genertec, is one of the world's 500 largest companies according to the Fortune Global 500 (2016) and is the leading importer of advanced equipment and technology, light industrial vehicles and other products in China.

CVC has exclusive rights to market and sell REHOBOT's rescue products in mainland China.

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