Belenus acquires the Tellep brand | FASTENER EURASIA MAGAZINE
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Belenus acquires the Tellep brand

Sergio Milatias 
Editor in Chief of Revista do Parafusos

 

The negotiation occurred between two of the biggest fastener industries on activities in Brazil.

Since May 29, 2020, the Belenus S/A (Vinhedo town, SP State) reported the officially acquisition of Tellep, a renowned fastener brand owned by Metalac SPS Ind. e Com. Ltda. (Sorocaba, SP), a Precision Castparts Corp member group. The brand is a line of screws hexagon socket with several heads kinds (cylindrical, flat, bulging and others), items made to application in fastening systems with high resistance demand.

"We are so proud and optimists with this important investment that will bring a great know-how and high quality for us and will be more solid and complete the name Belenus on fastener market. By while, we going to keep the trading of Tellep lines produced by Metalac. Soon, will be starts a process involving technology and knowledge transfer for us get all condition to produce in our modern industrial plant”, told Ezio Ruocco Jr., the Belenus Vice-President.  

"The sale involves brand, technology transfer and current stocks, not including other assets, such as machinery and tooling. Tellep sale is totally aligned with Metalac business strategy which consists on growing business in the automotive industry, local and overseas, as well as settle our presence in the aerospace sectors, both with ongoing investments despite Covid-19 crisis", said, Rodrigo B. Egea, the Metalac General Manager.