. Holista enters into a Joint Venture with GICC for the production of M3® HVAC systems for all markets outside North America
The JV Agreement follows GICC’s success at securing a 36-month contract with the United States government to manufacture and install up to 10 million of its M3® systems to disinfect large buildings. Holista and the JV are not part of GICC’s US contract.
HCT and JV is not in the contract. But the contract needs JV agreement to supply M3 system. Don’t know if HCT need to announce anything to mention it again ?
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