Teufelberger to acquire Redaelli Tecna

Austrian rope company Teufelberger will acquire Italian steel wire rope specialist Redaelli Tecna from Russian owner Severstal–metiz. The deal is expected to close in three to four months.

“We are convinced that Redaelli will be an enormous gain for Teufelberger.”cranebriefing.com

• 1 source
• cranebriefing.comTeufelberger to acquire Redaelli Tecna - Crane & Transport BriefingAlex DahmJan 24, 2017

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