RHI Magnesita expands footprint in North America through Resco Group acquisition
Acquisition will strengthen customer solutions in North America, with increased local-for-local production and RHIM’s global leading innovation and expertise
RHI Magnesita, the leading global supplier of high-grade refractory products, systems and solutions, is pleased to announce the completion of the acquisition of the US-based Resco Group, from an affiliate of Balmoral Funds LLC, a Los Angeles-based private equity firm, and management. The acquisition, for an enterprise value of $410 million (c.Ꞓ390!-->!-->!-->…