Tenaris S.A. to Acquire Mattr’s Pipe Coating Business for USD 166 Million
Tenaris S.A. has signed an agreement for USD 166 million to acquire 100 percent shares of Bredero Shaw International BV, a subsidiary of Mattr, holding pipe coating business. The transaction is expected to be completed in approximately six months. Aug 14, 2023 Tenaris S.A. announced that it has signed an agreement to acquire 100% of […]
Tenaris Takes Over Steel Pipe Producer Benteler
The deal between Tenaris and Benteler is expected to be closed during the fourth quarter of the current year. Luxembourg-headquartered Tenaris S.A. is going to take over 100 percent of the shares of the US-based steel pipe producer Benteler Steel/Tube, for about USD 460 million. Benteler Steel/Tube, part of the group company – Benteler North […]
