Polish trailer producer to become Europe’s third largest?

PR dla Zagranicy

John Beauchamp 25.05.2015 12:18

Polish trailer producer Wielton, which trades on the Warsaw bourse, has purchased a majority share package in French producer Freuhauf Expansion, paving the way for the firm to become a European market leader.

Thanks to the acquisition of over three quarters of Fruehauf’s shares for PLN 9.5 million, the company is now projected to bring in around PLN 1 billion in revenues annually.

Meanwhile, Wielton is also in the process of acquiring assets, including a production line, belonging to Italian trailer producer Compagnia Italiana Rimorchi. (jb)

Source: Gazeta Wyborcza

tags: acquisition, trailers

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