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. Describing the advantages of this new partnership, Dr Jürgen Hinderer, Head of BTS Engineering 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.” Hinderer also added that another objective of the partnership is the targeted reinforcement of the Bayer project team to support CapEx projects across the globe.
Speaking at the event, 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.”
Dr Keshab Panda, Chief Executive, L&T Technology Services, further added, “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.”
About L&T Technology Services:
L&T Technology Services is a strategic business unit of Larsen & Toubro with focus in the engineering services space, partnering with many of the Fortune 500 companies globally. It offers design and development solutions throughout the entire product development chain across various industries such as industrial & consumer products, medical devices, Telecom, Transportation and Plant Engineering. With a multi-disciplinary and multi-domain presence, L&T Technology Services challenges itself every day to help clients achieve a sustainable competitive advantage through value-creating products, processes and services.
As a Global Partner helping clients achieve a sustainable competitive advantage through value-creating Products, Processes and Services, L&T Technology Services constantly find flexible ways of working tailored to assignments and customer needs.
L&T Technology Services is headquartered in India, with close to 9,000 highly skilled staff, 5 delivery centres and operations in more than 30 locations around the world.
For additional information about L&T Technology Services, log on to www.Lnttechserv.com
About L&T
Larsen & Toubro is a USD 14 billion technology, engineering, construction, manufacturing and financial services conglomerate, with global operations. Its products and systems are marketed in over 30 countries worldwide. L&T is one of the largest and most respected companies in India’s private sector. A strong, customer–focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business over seven decades.
For additional information about Larsen & Toubro, log on to www.larsentoubro.com
About Bayer Technology Services
Bayer Technology Services GmbH offers fully-integrated global solutions along the life cycle of chemical and pharmaceutical plants – from development through engineering and construction to process optimization for existing plants. The Bayer subsidiary employs 2,300 people worldwide at its headquarters in Leverkusen and other German locations, as well as in regional offices in Belgium, Brazil, Canada, India, Mexico, Russia, Singapore, the United States and the People’s Republic of China. 2012 sales totaled approx. EUR 450 million.
For additional information about Bayer Technology Services, log on to www.bayertechnology.com
