# ZF and Anhui Heli form joint venture for forklift drivetrains in Hefei, China

ZF Friedrichshafen and Anhui Heli Co., Ltd. will form a joint venture named ZF-HELI Drivetech (Hefei) Co., Ltd. in Hefei, China. ZF will hold 51% of the shares and contribute its forklift products from its Hangzhou plant, while Heli will contribute part of its transmission and axle production.

- Type: Partnership
- Announced: 2018-02-14
- Where: Hefei, China, China
- Status: announced
- Products: forklift transmissions, forklift axles
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [ZF Friedrichshafen](https://endata.com/companies/4104.md)
- [ZF Friedrichshafen](https://endata.com/companies/4104.md) (partner)
- [Anhui Heli](https://endata.com/companies/29977.md) (partner)

## Sources

- [industrial-production.de](https://www.industrial-production.de/economy---business/zf--joint-venture-with-chinese-company-anhui-heli.htm), 2018-02-14: "In Heli, we have a partner with outstanding expertise in forklift trucks."
- [forkliftaction.com](https://www.forkliftaction.com/newsletter/archive/0862.htm), 2018-03-08: "Anhui HELI and ZF Friedrichshafen have agreed to establish a joint venture company."
- [forkliftaction.com](https://www.forkliftaction.com/news/heli-and-zf-form-jv.aspx?n=20182), 2018-03-08: "The collaboration of both parties will create more competitive products."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.