PGS takes control of Group ORTH
 

PGS today signed the takeover of SAS ORTH and its pallets factory JURAPAL.

PGS continues its wave of acquisitions to reinforce its sawings & manufacturing pole and to perfect its grid of the territory. After being entering in the capital of the Belgian leader DE BACKER, this summer, PGS announces today to have acquired 51% of the capital of SAS ORTH and its pallets factory JURAPAL (turnover: 27.6 million euros) and to have signed a firm agreement aiming at taking the 49% remainders within a period of 2 years.