Auto Service World
News   August 31, 2006   by Auto Service World

Nucap Runs With the Bulls, Acquires Stake in Pamplona, Spain Company

Brake backing plate supplier Nucap Industries of Toronto, Ont., has purchased a major stake in ADI Metalparts, a backing plate manufacturer in Pamplona, Spain.
Nucap and Berkelium of Pamplona, Spain announced the signing an agreement for Nucap’s acquisition.
The soon-to-be-renamed company will direct Nucap’s operational and sales activities in Europe and the Mediterranean Basin, and will retain Eduardo Unzu as general manager.
Nucap Europe S.A. is seen as a major part of Nucap’s global product/global reach strategies, providing Nucap with existing business relationships and viable logistics via ADI’s operations and customer network.
Berkelium, owner of Icer Brakes S.A. and other companies, is a European leader in supplying efficient braking friction material solutions for the motor vehicle and railway industries.

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