Atkore sells surface protection in Belguim to ZINQ, terms not disclosed

Atkore (ATKR) announced the sale of its surface protection and powder coating business in Belgium, sold under the Vergo Galva and Vergo Coating brands, to ZINQ, a leader in surface technology serving diverse industries across Europe. As part of the sale, ZINQ will assume ownership of the Vergo Galva facility, located in Kruisem, Belgium, and the Vergo Coating facility located in Mouscron, Belgium. Atkore will continue to own and operate its existing facility in Oudenaarde, Belgium, that manufactures metal framing, cable support systems, and various other products that support the electrical infrastructure market. These products will continue to be sold under the Atkore Vergokan brand. Financial terms of the deal are undisclosed.