The Hilma division of German workholding specialist, Roemheld, has entered into a 50:50 joint venture (JV) with long term co-operation partner, Rivi Magnetics, Sassuolo, Italy. The JV company, Roemheld Rivi based in Germany, intends to leverage both partners' expertise to develop new applications for magnetic clamping technology and penetrate markets more comprehensively.