# Waelzholz Group acquires Friedr. Gustav Theis Kaltwalzwerke GmbH

The Waelzholz Group acquired all shares of Friedr. Gustav Theis Kaltwalzwerke GmbH, a manufacturer of carbon, alloyed and stainless strips and profiles. The acquisition was approved by antitrust authorities on July 6, 2017, and expands Waelzholz's cold-rolled steel business with an annual sales volume of over 70,000 tons.

- Type: Acquisition
- Announced: 2017-07-19
- Where: Hagen, Germany, Germany
- Status: completed
- Capacity: over 70,000 tons per year
- Products: cold rolled steel strip, profiles
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Waelzholz Group](https://endata.com/companies/25730.md) (acquirer)
- [Friedr. Gustav Theis Kaltwalzwerke GmbH](https://endata.com/companies/25731.md) (target)

## Sources

- [expometals.net](https://www.expometals.net/en/hall/semi-finished-products/flat-products/stand/cd-waelzholz-gmbh-and-co-kg/news/its-official-theis-to-be-acquired-by-waelzholz-id17231), 2017-07-19: "The shares of Friedr. Gustav Theis Kaltwalzwerke GmbH... have been completely acquired by the Waelzholz Group."

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