Armangué, a catalonian-based group engaged in manufacturing and selling steel and rebars for construction, acquired 100% of Hierros Arrate, for an undisclosed consideration.
Hierros Arrate, based in the Basque Country, specializes in the manufacturing of rebar for the construction and civil works market.
The transaction will allow Armangué to strengthen its presence in the north of the country, gaining weight in the area of Navarra and the Basque Country, one of its main markets along with Catalonia and the south of France.
The PKF Attest financial and legal team has advised the sellers
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