Walsin Lihwa Corporation’s Subsidiary Completes Acquisition of Mannesmann Stainless Tubes
The acquisition worth EUR 11 million will strategically strengthen Cogne Acciai Speciali’s position in the seamless tube market and boost its competitiveness. Nov 8, 2024 Walsin Lihwa Corporation, an industrial conglomerate with operations spanning across several industries such as wire & cable, stainless steel and renewable energy, has announced the successful completion of its acquisition […]
Cogne Acciai Speciali Acquires Mannesmann Stainless Tubes Group for EUR 135 Million
Cogne Acciai Speciali SpA has signed a contract with Salzgitter AG to acquire Mannesmann Stainless Tubes GmbH with its subsidiaries and operating plants in Germany, France, Italy and the USA. Mar 15, 2024 Leading global producer of long stainless steel products and nickel alloys Cogne Acciai Speciali SpA has signed a contract with Salzgitter AG […]
Finland’s Outokumpu Divests Remaining Sweden-Based Long Products Operations at EUR 12 Million
Stainless steel producer Outokumpu has divested a majority of its Long Products business, through signing an agreement to divest these operations in Degerfors and Storfors to Cogne Acciai Speciali, leading producer of long stainless steels and nickel alloys based in Italy. The enterprise value of the transaction is EUR 12 million and the divestment is […]