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DSI Underground Australia has agreed to acquire privately-owned manufacturer Fero Group, adding galvanising and mesh manufacturing capabilities. The transaction is conditional on regulatory approval and terms were not disclosed.
“I am very pleased that the owners of Fero, the Franco family, will become shareholders in DSI Underground and Fero’s managing director, Michael Franco, will continue to support DSI Underground at an operational level and as an advisor to the global DSI Underground board.”australianmining.com.au
Summarized from public sources; check the original articles before acting on it.