# Globe Union and Thai-Kin agree in principle to form faucet joint venture

Globe Union Industrial and Thai-Kin agreed in principle to create a joint venture to develop and manufacture kitchen and bathroom faucets in Chonburi, Thailand. The venture is expected to begin shipping in 2021.

- Type: Acquisition
- Announced: 2020-06-22
- Where: Chonburi, Thailand
- Status: announced
- Products: kitchen faucets, bathroom faucets

## Companies

- [Globe Union Industrial Corporation](https://endata.com/companies/6661.md) (partner)
- [Thai-Kin](https://endata.com/companies/6662.md) (partner)

## Sources

- [streetinsider.com](https://www.streetinsider.com/PRNewswire/Globe+Union+and+Thai-Kin+Announce+Joint+Venture+Agreement/17032303.html), 2020-06-22: "This joint venture will eventually result in the formation of a new entity focused on the development and manufacturing of kitchen and bathroom faucets, based out of Chonburi, Thailand"

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