Concentric closes the EMP transaction – on track to beat sales target for electrical products
Pursuant to the announcement on 26 October, 2021, Concentric AB (“Concentric”) today announces the completion of the acquisition of Engineered Machined Products, Inc. (”EMP”). With the acquisition of EMP and the structural shift towards a carbon neutral reality in transport systems and support infrastructures, Concentric is now confident it will beat its ambitious target of having 20% of group sales stemming from electrical products by 2025. David Woolley, CEO of Concentric comments: “This is the single most important event for Concentric since the listing in June 2011. Whatever the