NAMAKOR completed the acquisition of Metallomax.

NAMAKOR, an investment firm, completed the acquisition of Metallomax, a specialized lift platforms manufacturer. Financial terms were not disclosed. "The demand for lift platforms is expected to remain strong in the coming years, driven by sustained growth in the company’s end markets, following the slowdown caused by the COVID-19 pandemic. Metallomax is well-positioned to expand its market share and enter new geographic regions by leveraging our expertise, resources, and extensive business networks," Abhi Capoor, NAMAKOR Partner.