Groupe Socacier has acquired Les Aciers Verset to enhance its operational footprint and customer base in the steel distribution industry in Belgium.
Target Information
Les Aciers Verset, a long-established player in the steel trading sector in central Belgium, has been in operation since 1903. Under the leadership of François Bourlet, the company has built a strong reputation over four generations, focusing on the buying and reselling of steel products with or without processing. Currently, the firm generates an annual revenue of €6 million and employs approximately twenty personnel, making it a significant local employer.
This acquisition by Groupe Socacier provides the latter with an opportunity to enhance its operational capabilities and client base, tapping into the legacy and expertise of Les Aciers Verset.
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Industry Overview
The steel distribution industry in Belgium is experiencing significant growth, driven by increasing demand from various sectors, including construction, manufacturing, and infrastructure. Over recent years, the market has witnessed a trend
Similar Deals
Groupe Socacier
invested in
Les Aciers Verset
in 2023
in a Merger deal
Disclosed details
Revenue: $6M