International

UK's Vesuvius to acquire Brazilian and U.S. businesses

Vesuvius Plc said it had agreed to buy businesses in Brazil and the United States

Reuters
18/08/2014 15:34
Visualizações: 1399 (0) (0) (0) (0)

 

Vesuvius Plc said it had agreed to buy businesses in Brazil and the United States for a total of about 30 million pounds ($50 million) to strengthen its position as a technical services provider to the steel and foundry industries.

 

The company, which sold its non-core businesses to focus on the steel and foundry markets last year, said on Monday the purchase of Brazil-based Ecil Met Tec and California-based Process Metrix LLC was expected to add to earnings from 2015.

 

Ecil Met Tec, part of Brazil's Ecil Group, makes consumable thermocouples used to measure the temperature of molten metal in the steel making process.

 

 

It has operations in Brazil and the United States.

 

Process Metrix supplies laser units used to measure refractory wear in vessels used in steel-making. ($1 = 0.5979 British pounds)

 

Most Read Today
see see
Selic Rate
Selic Rate Hike to 14.75% Signals Risks to Industry and ...
08/05/25
OTC Houston 2025
A Sergipe delegation at the fair in the USA met with Pet...
07/05/25
RD&I
ouronova and Equinor develop robots to operate in FPSO tanks
07/05/25
OTC Houston 2025
Petrobras, IBP, Sinaval, and ApexBrasil promote new busi...
07/05/25
Offshore
Decommissioning of Fixed Platforms in Shallow Waters Att...
07/05/25
OTC Houston 2025
Vesper, a leader in industrial EX Fans and Exhausters, m...
07/05/25
Sergipe Oil & Gas 2025
SOG25 to Highlight Sergipe’s Oil and Gas Production Pote...
07/05/25
OTC Houston 2025
EPE destaca oportunidades de investimento no setor energ...
07/05/25
OTC Houston 2025
PPSA announces revision of the volume to be offered in t...
06/05/25
OTC Houston 2025
Fábio Mitidieri attends the opening of the Brazil Pavili...
06/05/25
Logistics
Vast completes 1,000th oil transshipment operation
06/05/25
Offshore Wind Energy
Brazil and the Netherlands promote seminar on offshore w...
06/05/25
Company News
Prime Energy expands operations in Minas Gerais
06/05/25
OTC Houston 2025
Brazil Brings the Largest Foreign Delegation to Oil and ...
05/05/25
OTC Houston 2025
IBP Featured in OTC Houston 2025 Lineup
05/05/25
OTC Houston 2025
To showcase Rio de Janeiro’s energy potential, Firjan ar...
05/05/25
OTC Houston 2025
Petrobras participates in OTC 2025, in Houston (USA
05/05/25
OTC Houston 2025
MODEC Group Professionals to Be Honored at OTC 2025
05/05/25
International Company News
TVO Adds to Global Business Development Team
01/05/25
Ethanol
Sugarcane production estimated at 663.4 million tons for...
30/04/25
OTC Houston 2025
Brazilian industry to attend OTC 2025 aiming to expand i...
30/04/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.