THE BILSTEIN GROUP IN BRAZIL
In 2008, the BILSTEIN GROUP acquired an interest in the Brazilian cold-rolling firm ARMCO DO BRASIL S.A.
A cooperation agreement had already been formed in 2003, under which the BILSTEIN GROUP served as an advisor to ARMCO, especially in the area of product development. When the BILSTEIN GROUP decided to acquire an interest in ARMCO, Marc T. Oehler, managing partner and chair of the BILSTEIN GROUP’s executive board, explained, “This acquisition gives strategic significance to our existing technical cooperation. We expect to expand our previous collaboration considerably. This partnership becomes all the more important when we consider the benefit to our European customers with manufacturing facilities of their own in South America.”
ARMCO is the largest cold-rolling company in South America. It is headquartered in Sao Paulo, with a service center in Manaus. It offers cold rolling, strip hardening and surface coating.
For further details, visit the ARMCO website: