Atkore Inc. announced that it will sell its Belgian surface protection and powder‑coating operations, which operate under the Vergo Galva and Vergo Coating brands, to ZINQ, a European surface‑technology specialist.
The sale includes the Vergo Galva facility in Kruisem and the Vergo Coating plant in Mouscron, both in Belgium. Atkore will retain its Oudenaarde facility, which produces metal framing, cable support systems and other electrical infrastructure products under the Atkore Vergokan brand.
The transaction is part of Atkore’s portfolio‑optimization strategy to concentrate on its core electrical conduit and infrastructure businesses. Bill Waltz, Atkore’s President and CEO, said the divestiture aligns with the company’s focus on high‑margin, high‑growth segments.
Atkore reported $2.9 billion in sales for fiscal year 2025 and employs 5,400 people. In the first quarter of fiscal 2026, net sales fell 0.9% YoY to $655.5 million and net income per diluted share dropped from $1.31 to $0.44, reflecting margin pressure that the company is addressing through cost‑control and productivity initiatives.
Following the announcement, Atkore’s shares fell about 2% in pre‑market trading, indicating investor caution amid the lack of disclosed financial terms and the ongoing strategic review.
The sale follows earlier divestitures, including the Northwest Polymers business and the HDPE pipe and conduit unit sold to Infra Pipes in April 2026, underscoring Atkore’s commitment to streamlining its operations and strengthening its balance sheet.
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