The new factory is located next to the one Symmetrica already had in Doaga, and with this acquisition, the company will expand with several production lines on a total area of about 300,000 square meters. The acquisition of the Somaco Holding plant will provide additional production capacity, making the Doaga hub the company’s largest plant. Symmetrica representatives did not specify the value of the deal.
The new production facility acquired by Symmetrica is located on a 250,000-square-meter site and has three production halls and annexes with an area of 15,000 square meters. With the takeover, Symmetrica will retain 30 of Somaco’s employees. They will join the 60-strong team already working in Symmetrica’s nearby factory.
(English version by Loredana Fratila-Cristescu)