Jul 22, 2020ACQUISITIONOshawa, Canada, Canada Prysmian Group to acquire EHC Global for CAD 130M
Prysmian Group has agreed to acquire 100% of EHC Global, a manufacturer of escalator handrails, rollers, elevator belts and components for the vertical transportation industry, for 130 million CAD. The transaction is expected to close in Q4 2020.
Productsescalator handrailsrollerselevator beltsvertical transportation components
“The acquisition of EHC Global is in line with Prysmian Group’s strategy to grow and reinforce its value-added businesses.”prysmian.com
- 3 sources
- prysmian.comPrysmian Group to acquire EHC Global, leading manufacturer of strategic components and integrated solutions for the vertical transportation industry, based in Canada | PrysmianJul 22, 2020
- drakaehc.comPrysmian Group to Acquire EHC Global - Draka EHCJul 22, 2020
- elevatorworld.comAcquisitions, moves, contracts, pandemic responses and more - Elevator WorldSep 1, 2020
Summarized from public sources; check the original articles before acting on it.
ENDATA