# 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.

- Type: Acquisition
- Announced: 2017-01-24
- Where: Italy
- Status: announced
- Products: steel wire ropes for hoisting in cranes, offshore oil & gas, mining, cableways
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Teufelberger](https://endata.com/companies/21684.md) (acquirer)
- [Redaelli Tecna](https://endata.com/companies/21685.md) (target)
- [Severstal-metiz](https://endata.com/companies/21686.md) (partner)

## Sources

- [cranebriefing.com](https://www.cranebriefing.com/news/teufelberger-to-acquire-redaelli-tecna/1124490.article?zephr_sso_ott=eIQ1Lw), 2017-01-24: "We are convinced that Redaelli will be an enormous gain for Teufelberger."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.