L&T ties up with Bayer for CapEx Execution

29th November 2013 | By Mouseworld Now Correspondent |

L&T-logoNew Delhi, India, November 29, 2013: L&T Technology Services signed a global master agreement with Bayer Technology Services (BTS) in Leverkusen, Germany to support efficient implementation of worldwide capital expenditure (CapEx) projects within the Bayer Group. This collaboration is furtherance towards the efficient implementation of worldwide capital expenditure (CapEx) projects within the Bayer Group.

With this agreement, L&T Technology Services will provide a dedicated team to Bayer that will use the established Bayer engineering systems, tools and methods, to bring about engineering solutions on the basis of BTS strategy.

Head of  BTS Engineering Jürgen Hinderer said, “In L&T Technology Services, we have found a competent and an experienced engineering partner with a global presence, with whom we can execute our CapEx projects safely, reliably and even more efficiently.”

Christian Wende, BTS Sourcing Coordinator, said, “Bayer’s Technology Committee commissioned a global search for a qualified engineering company. Following intensive audits, we identified L&T as a suitable partner capable of providing us with competent support for our global projects.”

Chief Executive at L&T Technology Services Keshab Panda said, “It is an exciting onward journey with Bayer. We are proud to associate with BTS in providing engineering services to support their CapEx projects and further drive CapEx optimization. We consider this partnership as one of our top 10 within L&T and are confident of delivering to the expectations of Bayer group and addressing the principle objectives of this alliance.”


© Mouseworld Now News Service

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