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ZF Friedrichshafen entered into a joint venture with Anhui Heli Co., named ZF-HELI Drivetech (Hefei) Co., to produce transmissions and axles for forklift trucks. ZF holds a 51% stake.
“ZF is to enter into a joint venture with Chinese company Anhui Heli Co. The company, named ZF-HELI Drivetech (Hefei) Co, will allow ZF access to the Chinese market, the biggest and fastest growing region for forklift trucks.”autocarpro.in
Summarized from public sources; check the original articles before acting on it.