EJOT is expanding its activities in the Building Fasteners division
In the course of a strategic expansion the EJOT Group has taken over Sormat, a company based in Finland. With this step EJOT is expanding its activities in the area of anchoring technology.
Sormat is one of the leading manufacturers of fastening and anchoring technology in Northern Europe. Sormat products are available in more than 40 countries around the world. The company, which currently employs 80 people, was founded in 1970. The high-quality heavy load fixings serve different target.
This acquisition strengthens EJOT's activities in the field of heavy load and anchoring technology. „We see great opportunities in this merger to open up new customer groups“, emphasizes Christian Kocherscheidt, CEO and shareholder of the EJOT Group. The basis for this are complementary product ranges and areas of competence, as well as the same values for which we stand: quality, innovation and service.
The EJOT Group is represented in 32 countries with its own production and sales companies and generates a turnover of 450 million euros with 3,000 employees.
Source: http://www.ejot.com