Poujoulat SA Expands Reach with Convesa Acquisition

Poujoulat SA (FR:ALPJT) has released an update.

Poujoulat SA has strategically acquired an 80% stake in Convesa, enhancing its international footprint in the chimney flue market. Convesa, a significant Spanish manufacturer with a €17.5M turnover, complements Poujoulat’s European presence, now spanning 9 markets and exporting globally. The synergy between the two companies is expected to foster growth and market share expansion under the continued leadership of Convesa’s General Manager, Roberto Sanchez.

For further insights into FR:ALPJT stock, check out TipRanks’ Stock Analysis page.