Alumexx Expands with Strategic Acquisition

ALUMEXX N.V. (DE:NE8F) has released an update.

Alumexx N.V. has signed a letter of intent to acquire a majority stake in DeSteigerConcurrent, a specialist in online sales of aluminum ladders and scaffolding, to expand its market share and boost revenue growth starting in 2025. This strategic acquisition is expected to add geographical value and enhance brand awareness, particularly near the German border. The acquisition will retain existing dealership agreements and integrates DeSteigerConcurrent’s directors into the Alumexx team.

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