# Serafin Group acquires Weso-Aurora smelter from Viessmann Group

Serafin Group acquired Weso-Aurorahütte GmbH, a gray cast iron foundry with over 400 employees and EUR 64 million in sales, from Viessmann Group. The transaction is subject to antitrust approval.

- Type: Acquisition
- Announced: 2018-03-16
- Where: Gladenbach, Hesse, Germany
- Jobs: 400
- Status: announced
- Products: high-quality gray cast iron products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Viessmann Group](https://endata.com/companies/7887.md) (partner)
- [Serafin Group](https://endata.com/companies/30800.md) (acquirer)
- [Weso-Aurorahütte GmbH](https://endata.com/companies/30801.md) (target)

## Sources

- [fyb.de](https://www.fyb.de/en/serafin-group-acquires-weso-aurora-smelter-from-viessmann-group/), 2018-03-16: "With their exemplary commitment, the employees in Gladenbach have contributed significantly to the successful development of WESO over the many years."

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