The GPA builds on an already well-established relationship, which has seen the companies working together for a number of years.
“We are very pleased with this collaboration, which we believe benefits both parties. The GPA is an important step and has a high impact on our business relationship, as it makes it possible for Samsung C&T and Grundfos to handle large, global projects together in a smooth way, benefitting from each other’s competencies,” said Dr Junghwan Moon, senior researcher at Samsung C&T.
The GPA will allow the two companies to collaborate closely in the early stages of projects, making it possible for Grundfos to design and engineer pump-related parts for a Samsung C&T construction project. Prior to the
GPA, subcontractors dealt with pumps and related solutions.
Samsung C&T and Grundfos began their relationship in 2011, when the two companies signed a memorandum of understanding. Since then, Grundfos’s Building Services, Research & Technology and Global Customer Reach teams have collaborated with a number of Samsung C&T departments to create initiatives and collaboration models between the two groups, which can create developmental and commercial advantages for both.
“Having such a close relationship with a company like Samsung C&T is of extremely high value. It gives us the possibility of really understanding our customer and their needs, and it enables us to use our strengths to add more value to their large construction projects. With the GPA, we can take advantage of the two companies’ global presence and act consistently and swiftly no matter where, the project is,” said Monty Scott, international project sales manager at Grundfos.