Sicame Group continues to grow in Europe with the acquisition of Kronenberg Freileitungsarmaturen GmbH
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Sicame Group, a world leader in products and services related to transport and distribution of electrical energy, renewables, electro-mobility, safety equipment and industrial applications, continues to grow in Europe in line with its strategic growth plan, with the acquisition of the German company: Kronenberg Freileitungsarmaturen GmbH.
Based in Leichlingen, in the Rhineland (Germany), Kronenberg Freileitungsarmaturen GmbH is a medium-sized industrial company employing 80 people, serving the strategic market of energy transmission and distribution operators. Kronenberg is a fully integrated company that has been manufacturing fittings and hardware for medium and high voltage overhead lines for over 100 years.
Kronenberg website: kronenberg-leichlingen.de
For the Group, this acquisition will not only strengthen our presence in Germany but also enable us to expand our position in the European continent by enhancing our range of DIN-standard fittings and hardware solutions.
For Kronenberg Freileitungsarmaturen GmbH, joining Sicame Group is an opportunity to develop its product range, expand production capacities and increase its sales thanks to the Group's strong international presence.