1/17/08

Acetesa still shopping

In 2008, Aceros y Techos (Acetesa) of Peru plans to continue its aggressive non-organic expansion plan that has been on the go for two years now. Acetesa's general director Luis Dyer says that negotiations to buy a metal-mechanics firm – of a similar size to Acetesa - are drawing to a happy conclusion and fast.

To complete its services platform (it produces nails, calamines and other metallic structures but also installs and builds), Acetesa now wants an engineering group beneath its umbrella and is running the rule over the top five locally.

Publication: SABI - Business News
Provider: South American Business Information
Date: January 17, 2008

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