Kety has reported that its subsidiary in the aluminium profiles business, Metalplast Bielsko has increased its stake in Metalplast Karo, another company from Kety capital group, to 98.1%. Metalplast Karo is a small producer of fixtures and fittings used in the aluminium profiles contracts.
Our view: The news should have a neutral trading impact. The transaction is part of the process of reorganization within the capital group.