We are pleased to announce that the CICSA Group, continuing on the challenging growth path in which we have been involved for years, has completed a strategic investment by finalizing the acquisition of “CADERSA, Cadenas y Derivados S.L.” of Barcelona, a company leader in Spain in the production of mechanical chains for bulk materials handling applications.

In its almost 50 years of activity, CADERSA has proved a strong focus on high-quality production, with particular attention to the markets of the Iberian Peninsula, North Africa, and Central and South America. We are very happy that the team CADERSA, with whom we have always maintained excellent relationship, has become part of our Group.

Together, by combining our respective skills and specificities, we can continue on the path of internationalization and growth that has led us to expand our leadership in some highly qualified industries so far, such as Power Generation, Biomass Treatment, Mining, and production of Cement, Aggregates and Inert Materials.

Through this operation, we leverage clear synergies and great product complementarity, while accessing new markets and new industries, completing the production range of chain solutions for bulk materials handling applications, with deep and transversal expertise ranging from round steel link chains to pin&bush chains.