ACE to launch IPO on WSE

ACE owns two firms: Fuchsa in Spain and EBCC in Poland, which make cast-iron vices and aluminum clamps, respectively, two key components of shield brakes. With a market share of 44 percent, Fuchsa is the leader in its market in Europe, while EBCC, based in Wrocław, has around 30 percent of the European market for aluminum clamps.