April 26. 2012 11:00AM - Last modified: April 26. 2012 11:19AM

French firm acquires Wisconsin Oven Corp.

  
PLC Holding of France has acquired Wisconsin Oven Corp., an East Troy-based manufacturer of industrial ovens for the aerospace, automotive, composite and finishing industries.

PLC Holding is now comprised Elmetherm, Elino, Wistra, Wisconsin Oven Corp. and Mecarom Dotcom LTD. PLC Holding has a worldwide presence with offices located in the United States, Germany, France, Romania, India and China.
“We are very excited about the opportunity to combine our talents and experience with those of the PLC Holding group. Collectively the group will have the resources and capability to serve all of our customers’ heat processing needs regardless of temperature requirements. It will also strengthen our global opportunities, expand our market reach and combine our current customer base for future growth.” Said David Strand, president and chief executive officer of Wisconsin Oven Corp.
Financial terms of the transaction were not disclosed.

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