CICSA Group to acquire CADERSA

Italy-based CICSA Group has concluded a deal to acquire chains supplier CADERSA. CADERSA serves the Iberian and Central and South American markets, including the cement industry. CICSA Group said that the acquisition will ‘complete’ its range of chain solutions for bulk materials handling applications. It noted CADERSA’s ‘deep’ expertise, ranging from round steel link chains to pin and bush chains.

The group said “Through this operation, we leverage clear synergies and great product complementarity, while accessing new markets and new industries.”