Resco Products to be acquired by RHI Magnesita to enhance global refractory solutions
In a significant development for the refractory products industry, Resco Products, Inc. (“Resco”), currently under the umbrella of Balmoral Funds LLC (“Balmoral”), has announced a definitive agreement for its acquisition by RHI Magnesita (“RHIM”). The deal, valuing Resco at an enterprise value of up to $430 million, marks a pivotal step in the expansion and […]