Cosfibel continues their acquisitions and prepares for a new era
Vincent Gallon Share:
After a year 2020 marked by the economic consequences of the pandemic and net sales down 16%, Cosfibel Group is expanding its sales network and making new acquisitions, both in France and internationally.
“
Thanks to adapted developments, the group succeeded in protecting its operating margins and constituted cash reserves to be able to react to market opportunities,” said the company in a statement.
Reinforced international presence and diversification
Cosfibel benefited from the economic situation to plan ahead, restructure, consolidate its offer and its presence on the ground. It has reinforced its Urban Networks in Asia (Shanghai and Singapore) and Europe (Switzerland and the Benelux countries), as well as in France with the recent acquisition of