Auto Progresso Industrial Lusitânia Joins Forces with Royse, Marking a Striking Expansion in the Portuguese Market
Lisbon, Portugal – In a significant expansion move, Rodamientos y Servicios, commonly known as Royse, has acquired the entire business of Auto Progresso Industrial Lusitânia (April), a company specialized in mechanical and electromechanical transmissions. Following the acquisition, the company will be rebranded as April Royse Unipessoal LDA. This deal was facilitated by Abreu Advogados, a law firm with expertise in corporate transactions. April, established in 1986 in Sacavém, a suburb of Lisbon, has been a prominent player in the Portuguese market, offering products like chains, transmission belts, couplings, and conveyor parts. It serves a broad … Read more