Dutch UTB Industry acquires LDM’s 50,000 tpy Drunen foundry

Netherlands-based machinery specialist UTB Industry has acquired Dutch brass manufacturer LDM’s processing facility in Drunen, southern Netherlands, with the company taking full control of LDM’s 50,000-tonne capacity foundry, extrusion facility and wider real estate.

UTB will assume full control of LDM’s Drunen assets and has plans to redevelop the terrain and buildings and sell all the remaining equipment. The takeover includes the purchase of melting furnaces, continuously casting plants, extrusion machinery...

Published

Hassan Butt

September 18, 2020

08:20 GMT

London