Sun European Partners acquires majority stake in Prodac

Plans to drive the company's growth include improvements in sourcing, developing additional sales channels and expanding capabilities downstream to include higher value-add activities.

Founded in 1966, Zwijndrecht-based Prodac is a stockist-merchant focused on secondary and excess steel. It takes physical possession of steel goods before selling to a broad spectrum of manufacturers and distributers. With a 33-strong workforce, Prodac operates out of two custom warehousing facilities in the port of Antwer.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com

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