Fort Worth, Texas-based AZZ Incorporated--a manufacturer of electrical products and a provider of galvanizing steel services--announced Friday that it has reached an agreement to acquire all of the assets of Galvan Metals, Inc. in Montreal, Canada.
The acquisition, which is subject to customary closing conditions, is anticipated to close on January 31, 2012 and is a part of the stated AZZ strategy to continue the geographic expansion of its served markets that should provide a basis for continued growth of the Galvanizing Services Segment of the company. AZZ has effectively doubled its network of plants in the past five years and continues to seek out additional expansion opportunities.