U.S.-based JENNMAR has acquired a majority stake in Australian Steel and Wire, a takeover its officials said will grow its wire mesh expertise and expand its offerings in North America, Europe and the Asia-Pacific region. JENNMAR, a portfolio company of FalconPoint Partners, will integrate ASW into its JENNMAR Australia group of companies. Terms of the transaction were not disclosed. ASW’s…
Read MoreJENNMAR picks up majority stake in ASW
