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Montana Aerospace acquires magnet wire and copper rod manufacturer from Viakable

1/4/2022 – Austria’s Montana Aerospace AG has acquired Brazil’s Comercio Ltda. (São Marco), a manufacturer of magnet wire and copper rod as well as electro-insulating varnishes, resins and lubricants.

A press release said that adding the capacities of São Marco will bolster Montana Aerospace’s product offerings for round wires and conductors. Over the last decade, Montana Aerospace, which has 28 operations in four continents, has developed from a raw material extrusion supplier to a highly vertically integrated player.

“The combined experience, as well as their commitment and knowledge, will strengthen our position as a partner in quality and development, at the service of the energy market, and will strengthen our presence in the electric vehicle market,” said Heinz Riedler, CEO of Montana Aerospace’s Energy Division.

Commented Viakable CEO Sergio Valdés, “After 23 years of joint success, they will now experience a new stage with Montana Aerospace. I am convinced that they will continue to provide high value to their clients in the future and that they will position themselves as a benchmark in the evolution of the Brazilian market.”

Read 203 times Last modified on January 4, 2022