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Cummins Announces Joint Venture With Grupo Laeisz
Cummins Inc. and Grupo Laeisz announce a joint-venture partnership to distribute and service Cummins engines, generators and parts in a region that includes Costa Rica, El Salvador and Honduras. The new joint venture, to be called Cummins Centroamérica, will be an 80/20 joint venture.
The agreement was signed in Honduras by Bernardo Hirsch, President of Grupo Laeisz, and representatives of Cummins.
Laeisz has been a Cummins distributor in Honduras for more than 40 years, with subsequent...
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