Tibnor acquires Ovako Metals Oy Ab

Tibnor, a subsidiary of SSAB, received competition authority approval to acquire Ovako Metals Oy, the Finnish distribution entity of Ovako. The acquisition strengthens Tibnor's position in the Finnish steel and metal distribution market.

“It is great that this transaction can now move forward.”placera.se

• 2 sources
• placera.seTibnor’s acquisition of Ovako Metals Oy Ab confirmed | Placera.seCisionApr 17, 2026
• mesteel.comMergers / Acquisitions steel news — MESteelMay 4, 2026

Summarized from public sources; check the original articles before acting on it.