WireCo World Group has purchased Drumet, a Poland based steel wire manufacturing company that is the largest of its type in Central Europe. The purchase was made from Penta Investments. Drumet (www.drumet.pl) Drumet was founded in 1895 and has been the largest producer of steel wire and wire products in the Central European area. Based [...]

Penta Investments, one of the leading investment groups in Central Europe is continuing its aggressive approach in the region by acquiring Polish wire and rope producer Fabryka Lin i Drutu Drumet. The Polish Economic Court has accepted the Penta bid of PLN 120 million for Drumet, which was already involved in bankruptcy proceedings. Penta plans [...]