Accursia Capital GMBH has signed an agreement with Optimas OE Solutions Limited for the acquisition of four selected Optimas European businesses.
This agreement includes entities in Italy, Germany, Belgium and Bulgaria, with a total workforce of 200 employees. The four acquired subsidiaries will be rebranded as ‘Stronghold’.
The newly formed group offers value-added C-part supply solutions to its customers. Stronghold is a strategic supply chain partner and an expert in reducing the complexity of supply chains. Accursia sates that within this market, Stronghold is one of the ten largest full-service fastener providers in Europe and is among the top four in Italy. The group benefits through high industry expertise and complete value-added solution capabilities.
Martin Scheiblegger, chief executive officer of Accursia Capital, says: “After we successfully implemented our first two platforms, tool manufacturing and plastic moulding, Accursia Capital is establishing its third platform within supply chain management. This acquisition contributes to our stable and sustainable portfolio, which we further plan to strengthen through our proven buy and build approach.”
Don't have an account? Sign Up
Signing up to Fastener + Fixing Magazine enables you to manage your account details.