UMS Group Acquires ALTEO
Friday, February 12, 2021
Following the decision of the commercial court on 7 January, ALTEO/FR is now out of the court-supervised legal redress and joins the United Mining Supply (UMS) Group.
UMS, an experienced, sound and socially responsible industrial group, is opening a new era for ALTEO to ensure its world leading position over the long term. The industrial
project linked to this takeover will enable to develop a best-in-class company, to increase its production capacity of high value added products, to develop its customer portfolio and to strengthen its research and development capabilities.