Ducab Metals Business acquires GIC Magnet, expanding product portfolio and market presence.
Ducab Metals Business (DMB) acquires GIC Magnet, strengthening its product portfolio and global market presence. The acquisition aligns with DMB's diversification strategy and is expected to contribute $40.5 million in revenue. By integrating GIC Magnet's expertise, DMB aims to penetrate wider markets, support sustainable revenue growth, and become a key player in the Non-Ferrous metals industry's downstream products market.
April 21, 2024
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