Jacquet Metals : Acquisition of Eastern European distribution activities from Swiss Steel Group
>A complementary acquisition for the IMS division (mechanical steels) - Jacquet Metals announced at the end of last week that it had signed a definitive agreement to acquire several distribution companies from SWISS STEEL Group (formerly Schmolz + Bickenbach). This transaction will strengthen the position in Central and Eastern Europe of the IMS Group division specialising in the distribution of mechanical steels.The scope of the transaction includes companies i...Jacquet Metal Services is a European distributor of specialty steels, also active in China and the U.S.A. Co.'s main activity consists of purchasing, storing, and delivering different families of products. Co. is active in four markets for the distribution of special steels through four brands: JACQUET (distribution of stainless steel thick "Quarto" plates); Stappert (distribution of long stainless steel products); Abraservice (distribution of wear-resistant "Quarto" plates); IMS group (distribution of engineering steels). Co.'s main consumer sectors are the following industries: chemical; agro foods; treatment and storage of gases; water treatment; environment and cleanup; and energy.
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