DYWIDAG Systems International acquires Partec Systems.

DYWIDAG-Systems International acquires Polish-based permanent formwork and hydro-insulation specialist, PARTEC System. Financial terms were not disclosed. This acquisition is a key step in DYWIDAG’s expansion to meet the needs of the European market. By combining the speed and reliability of PARTEC with DYWIDAG’s distribution channels, it is anticipated that there will be significant growth and product development within the group. Ian Jarvis, President of Concrete Accessories DYWIDAG, said, “We are delighted to welcome the PARTEC team into DYWIDAG. It’s an important milestone for our Concrete Accessories division as we look to increase our manufacturing footprint and gain a strong presence in the Polish market. This provides us with a greater opportunity to explore emerging markets in Eastern Europe.”