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Follow on Google News | Shoreline And Hallmark Ag Acquire Majority Stake In Alumaco PlcShoreline Energy International, the leading Infrastructure and Energy Group focused on Sub-Saharan Africa, and Hallmark AG a leading Swiss Investment company acquire majority stake in Aluminium Manufacturer of Nigeria ALUMACO PLC
The acquisition continues Shoreline’s consolidation of the Construction and Allied products industry and creates immediate revenue accretive synergies with Shoreline’s portfolio companies in various Infrastructure sub-sectors. “We are very pleased to have Alumaco as part of The Shoreline Group and to have the opportunity to expand our presence in an important manufacturing sub-sector,” Shoreline has an excellent management team in place and we look forward to working with them for continued growth and success,” said Mr Roland Hubatka, Chief Executive Officer of Hallmark. About Shoreline: Shoreline is a leading Energy and Infrastructure Group operating in Africa. Shoreline has grown rapidly through acquisition. Recent acquisitions: About Alumaco: Alumaco Plc is engaged in the Manufacture and Marketing of Aluminium Products including products for the Construction and other Industries End
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