GEGR Announces Its Agreement for the Acquisition of TEC.AL.C Salt Lake City, Utah--(Newsfile Corp. - November 30, 2022) - Gaensel Energy Group, Inc., (OTC Pink: GEGR) ("Gaensel" or the "Company"), a diversified holding company, announces a corporate update.
Gaensel Energy Group is pleased to announce its agreement for the acquisition of 40% of TEC.AL.CO https://www.tecalco.it/en/ an Italian innovative industrial company based in San Ferdinando (RC), Italy.
TEC.AL.CO. (TEChnology of ALuminum COnductors), an innovative Italian industrial company with advanced technological processes specializing in the production of wires and stranded conductors in aluminum and its alloys for "automotive" and "electrical distribution" applications.
TEC.AL.CO.'s founders have years of experience in aluminum drawing, that all started in back in 1979. The continuous research of innovative solutions led to numerous patents for the multiwire drawing line in 1999. In 2012, starting from the experience gained in the wire and multiwire drawing, the modern manufacturing facilities for TEC.AL.CO. were inaugurated.
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