ECL will become a new entity within Fives and bring a high level of complementary technical strengths and sales strategies.
Frédéric Sanchez, Chairman of the Executive Board, said: “With the acquisition of ECL, Fives has strengthened its position as number one in the supply of key process equipment used in aluminium production. ECL’s business perfectly complements that of Fives. The combined assets of our two companies will strengthen the quality of our offer to aluminium producers, in particular in the service sector.”
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