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MFL GROUP Has Announce the Official Acquisition of Caballé S.A.

by wireworld on 10/01/2015 - 05:55 am

Tags: Acquisitions, Press Releases

MFL GROUP (MARIO FRIGERIO – FRIGECO) is pleased to announce the official acquisition of the well-known cable machinery manufacturer Construcciones Mecánicas Caballé S.A. based in Badalona, Spain.  

The transaction, which was concluded on September 23rd, will significantly strengthen MFL Group’s scope of supply for non-ferrous wire drawing, stranding and extrusion equipment. The acquisition package includes the Caballé, OM Lesmo and Eurodraw Energy brands with their corresponding intellectual property.  

These well-established brands, along with MFL Group’s financial muscle, our 120 years of industry experience, and the broadest engineering and manufacturing knowledge base in the sector, further reinforce our commitment to our non-ferrous wire and cable customers. By exploiting the combined history of Caballé, OM Lesmo, Eurodraw Energy and FRIGECO we can guarantee continuous technical improvement and unmatched customer service.  

We are looking forward to strengthen our business relationship with our customers and suppliers around the world.