Parcom to acquire Euramax from OmniMax.

Parcom, an investment company, agreed to acquire Euramax, a coil coating company, from OmniMax, a company that manufactures building and transportation products. Financial terms were not disclosed. “We are excited to announce the sale of our Euramax Coated Products business. This was a strategic opportunity to sell one of our valuable and strong-performing businesses in Europe, which will allow OmniMax to further invest in its building products businesses in North America and United Kingdom. The Euramax Coated Products business has grown for years under OmniMax through a strong core of employees and assets. We wish all of them well under their new ownership group with Parcom,” Rick Brown, OmniMax CEO.