Pandrol, a company of Groupe Delachaux and the global leader in solutions for rail infrastructure, has sold the company KLK Electro Materiales based in Gijon, Spain, to Novarc Group and its division Novarc Networks.
KLK Electro Materiales, founded in 1965, is a player in the European markets of resistance and earthing by copper wire welding. Its turnover was € 9,7m in 2021 with a staff of 62 persons.
Groupe Delachaux acquired KLK in 2011 and transferred its rail operations to Pandrol. The aluminium-thermal rail welding activity, which moved to Castelgalli in Catalonia and catenary activity in Gijón, both remain under direct management of Pandrol.