The shareholders of PEC Group, Duisburg, have sold the company's assets to Hilti Corporation, Schaan. Network Corporate Finance exclusively advised PEC Group and its shareholders in connection with the transaction.
Transaction
The shareholders of PEC Group, Duisburg, have sold the company's assets to Hilti Corporation, Schaan. The transaction represents a decisive milestone to secure PEC’s further international growth path.
Company
Established in 2008, PEC Group develops anchoring, framing and façade systems for the global construction industry. By executing a compelling growth and innovation strategy PEC Group quickly achieved a leading technological position in its niche market. Products manufactured according to European quality standards in Suzhou, China, are sold globally through a B-2-B model and own sales offices in India and the UAE.
For additional information on PEC Group: http://www.pec-europe.com