Italian MFL Group acquires Caballé

MFL Group reports official acquisition of CaballéItaly’s MFL GROUP (MARIO FRIGERIO/ FRIGECO) has acquired Construcciones Mecánicas Caballé S.A., a well-known Spanish cable machinery manufacturer, and its other operations.

According to the press release, the transaction, which was concluded on Sept. 23, “will significantly strengthen MFL Group’s scope of supply for non-ferrous wire drawing, stranding and extrusion equipment.” The acquisition includes Caballé, OM Lesmo and Eurodraw Energy brands with their corresponding intellectual property, it said.

“These well-established brands, along with MFL Group’s financial muscle, our 120 years of industry experience, and the broadest engineering and manufacturing knowledge base in the sector, further reinforce our commitment to our non-ferrous wire and cable customers,” the release said. “By exploiting the combined history of Caballé, OM Lesmo, Eurodraw Energy and FRIGECO we can guarantee continuous technical improvement and unmatched customer service. We are looking forward to strengthen our business relationship with our customers and suppliers around the world.”

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