25/07/2011 - 04:00 am
WireCo has Acquired Drumet
WireCo WorldGroup Inc., Kansas City, Mo., has acquired Liny i Druty Sp.z o.o. (Drumet), Wloclawek, Poland.
The acquisition of Drumet is part of WireCo’s ongoing global strategy to manufacture and distribute products to customers around the globe. This acquisition will give WireCo unmatched wire and rope production capabilities in North America, Asia and Europe, and provide increased wire capacity to support its manufacturing operations.
“We have a track record of investing in what we buy,” WireCo CEO Ira Glazer commented. “We will incorporate Drumet into our global operations, which will create opportunities for all our employees to grow, including our newest employees in Poland.”