Atkore Inc. Announces Sale of Surface Protection Business in Belgium to ZINQ | ATKR Stock News
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Atkore Inc. (NYSE: ATKR) has announced the sale of its surface protection and powder coating business in Belgium, under the Vergo Galva and Vergo Coating brands, to ZINQ. This move is part of Atkore's strategy to optimize its portfolio and focus on core electrical infrastructure solutions. ZINQ will take ownership of the facilities in Kruisem and Mouscron, while Atkore retains its Oudenaarde facility. Financial terms of the deal remain undisclosed. Atkore aims to enhance shareholder value through this strategic decision.
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