AVAB transtechnik France and ETC International came together in August 2003 to lay the groundwork for their mutual development in France. The accord was the result of ETC International's buy-out of the transtechnik GmbH involvement in AVAB transtechnik France.
In particular, the agreement confirmed the following points:
- the AVAB brand name will be retained and developed;
- the AVAB transtechnik France staff will be retained;
- the sales and distribution policy will conti