The Hilti Group takes over the PEC Group
The Hilti Group intends to further strengthen its market position in the fastening solution segment with anchor and installation channels. By taking over the PEC Group headquartered in Duisburg, Germany, Hilti is expanding its product portfolio and is gaining access to new markets. With the contract having been signed, the company expects to close the transaction by the end of 2016.
The PEC Group, founded in 2008, has a headcount of about 100 employees at its headquarters, the manufacturing site in Suzhou, China, and at its sales locations in Pune, India, and Dubai, United Arab Emirates. The...
