on SFS Group AG (isin : CH0239229302)
SFS Group Expands in Midwest US with Strategic Acquisition
SFS Group AG has announced its acquisition of Pro Fastening Systems Inc., a company that earned approximately USD 30 million in 2023. This strategic acquisition, effective November 1, 2024, aims to bolster SFS's market presence in the commercial and industrial construction sectors within the Midwestern United States.
The Midwest is identified as an attractive growth region in North America, and this move aligns with SFS's goal of expanding its footprint in lucrative markets. Pro Fastening Systems Inc.'s established operations provide SFS with a solid platform to further its industry influence and enhance service offerings to clients in the region.
SFS's continued investments underscore its commitment to growth and adaptation in dynamic markets. Details about the acquisition emphasize SFS's proactive approach in capitalizing on regional opportunities.
R. H.
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