Tibnor to acquire Ovako Metals Oy in Finland

Tibnor, a subsidiary of SSAB, has signed an agreement to acquire Ovako Metals Oy, a Finnish distributor of steel and metals. The acquisition is subject to regulatory approval and expected to close in Q1 2026.

“We are delighted to announce the acquisition of Ovako Metals Oy, which marks a natural continuation of the long-standing collaboration between Tibnor and Ovako.”ssab.com

• 1 source
• ssab.comTibnor signs agreement with Ovako to acquire Ovako Metals Oy AbDec 1, 2025

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