Valme, which designs and manufactures concrete distribution pipes and accessories, has completed its purchase of fellow Italian company Pamec for an undisclosed sum.
Pamec specialises in the design and manufacture of components and equipment for concrete pumping lines.
Valme says the acquisition of 100% of Pemec's share capital will expand its offering in the design and production of components and equipment for concrete pumping lines.
It adds that the transaction, first announced in April, will