Randon buys CNCS metalworking industry for $4 mm

Randon purchased, for R$ 21.5 million ($4 mm), CNSC Indústria Metalúrgica, located in Caxias do Sul (RS), as shown in the document sent to the market. According to the company, the purpose of the acquisition is to expand production capacity in machining services, increase revenues and strengthen the company in new markets, such as the agricultural sector.

Source: Money Times