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Brazilian furnace manufacturer under new ownership.
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SECO/WARWICK has taken over 100% of the shares of Brazilian heat treatment manufacturer ENGEFOR in Jundiai, Sao Paulo.
ENGEFOR has been serving the Brazilian market with brazing, drying, curing, sintering and heat treatment furnaces/equipment in high quality and with reliable service for more than 20 years. SECO/WARWICK will extend the scope of products offered by ENGEFOR with the products of its five business segments and will integrate the company’s manufacturing and service capabilities in its own international network. ENGEFOR employs around 50 and will change its name to SECO/WARWICK do Brasil, Industria de Fornos Ltda.
The former owners, Aparicio Vilademir Freitas and Yassuhiro Sassaqui, will remain in the management of the company and will be reinforced by Thomas Kreuzaler, who will take a seat for the SECO/WARWICK Group. It is expected that the profitable company will grow further and faster by the additional products and services it is able to now offer. The Brazilian customers now have direct access to the equipment, technologies and processes of SECO/WARWICK via a local manufacturing and service site in Brazil.
In a statement issued the new owners said: “This investment in the Brazilian market is a milestone in the global strategy of the SECO/WARWICK Group and will contribute to the accomplishment of the goals that the group set for its growth in the next years.”
Source: Foundry Trade Journal
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