PRESS RELEASE 07.12.2015 Heilbronn/ New Delhi “Make in India” - TII Group acquires civil business of Tratec in India and increases its international presence with production on site With the “Make in India”-program, Indian Prime Minister Narendra Modi has smoothed the way for international investments in India. At this point, the course for an expansion to India was already set for the German TII Group, world market leader in the development and manufacture of heavy transport vehicles with hydraulically suspended pendulum axles. By recently taking over the civil branch of the traditional Indian supplier TRATEC, successful in the Indian market for over 30 years, the company has now made its move. TII India Pvt. Ltd. - the Indian subsidiary of TII Group - will function as interlinkage between the existing and future Tratec civil business and the TII Group. Customers now profit on site from the TII Group’s top-rate performance, technological edge and global presence. TII India will offer a variety of proven technology vehicles from spring 2016 on, all in the spirit of “German Engineering – Make in India”. On 30,000 square meters plant area trained and skilled employees will produce a broad range of transportation equipment by the new product brand Tratec TIIGER. Beneath modular vehicles TII India will offer a variety of light telescopic and non-telescopic trailers. According to Otto Rettenmaier, head of owner family of the TII Group “The TII Group has grown continuously in the last decades and is world market leader in heavy duty transporter solutions with hydraulically suspended axles for payloads of up to 15.000 metric tons. The foundation of TII India with its new production plant is the next logical step in our strategy to serve our international customers on site.” Dr. Axel Müller, CEO of TII Group, Germany, said “We have developed a comprehensive product portfolio. Our vehicles meet the Indian market demands. Additionally, our customers continue to profit from the entire product and accessories range of the TII Group.” Dr. Jochen Landes, Managing Director at TII India, further added, “TII India Pvt. Ltd. has its production site in Bawal, Haryana India, close to Delhi. Skilled and trained by German standards, our employees produce saddle trailers, modular trailers and a broad range of accessories. ” Markets of TII Group across product categories Heavy duty transportation on public roads Wind energy Plant construction Bridge & Tunnel construction Shipyard industry Steel industry Mining Terminal logistics Aerospace industry Special vehicles About The TII Group – a strong global partner The German TII Group with its brands SCHEUERLE, NICOLAS, KAMAG and TRATEC, is world market leader in the manufacture of heavy-duty vehicles equipped with hydraulically suspended pendulum axles. Customers of the TII Group again and again break world records with breathtaking transports. The heaviest transported load on wheels, an oil processing platform with 15.000 tons of weight, driven by around 10.000 hp engine power on a 6.400 square meters sized compound of selfpropelled modular transporters with 2.160 wheels is just one example for this outstanding performance. Worldwide, 70 percent of all transports over 3.000 tons and 90 percent of all transports over 5.000 tons are done with vehicles manufactured by the TII Group. Transporters made by the TII Group move complete industrial plants, ships, submarines, oil rigs and offshore platforms, slag pots, wind turbines or radio telescopes to the remotest and highest areas. The globally operating TII Group has manufacturing facilities in Germany, France and India, a production co-operation in North America (Florida) and a worldwide active sales and service force. TII Group stands for advanced technology, outstanding product quality, a combined experience of more than 380 years and extensive know-how in the production of heavy-duty transporters. For media inquiries please contact: Christopher Rimmele 49(0)7941/691-225 christopher.rimmele@tii-group.com