(CercleFinance.com) – Valmont has announced the closing of its agreement to acquire a majority stake in ConcealFab, an industry leader in 5G infrastructure and Passive Intermodulation (PIM) mitigation solutions. Ericsson holds a minority position in ConcealFab.
The acquisition advances Valmont’s telecommunications strategy by integrating innovative 5G infrastructure and passive intermodulation mitigation solutions into its advanced infrastructure portfolio.
‘The sharing of knowledge and expertise between Valmont, Ericsson and ConcealFab will elevate our ability to meet the integrated telecommunications needs of the future and accelerate our growth strategy.’ said Aaron Schapper president of Valmont.
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