# ORI Martin acquires majority stake in Ferrosider

ORI Martin, an Italian special steels producer, acquired a majority stake in Ferrosider SpA, a rolled steel products company based in Ospitaletto, Italy. The deal is valued at an estimated €80 million.

- Type: Acquisition
- Announced: 2018-06-15
- Where: Ospitaletto, Brescia, Italy
- Value: $93.0M (80.0M EUR)
- Status: announced
- Products: flat, square and round rolled steel products, IPE, IPN, UPN and UPS beams, angles, T-profiles
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [ORI Martin](https://endata.com/companies/32605.md) (acquirer)
- [Ferrosider SpA](https://endata.com/companies/32606.md) (target)

## Sources

- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/ori-martin-acquires-ferrosider-1043865.htm), 2018-06-15: "Ferrosider with this agreement carries out an important upstream integration by joining the ORI Martin Group, from which it will obtain supplies of special steels for the automotive sector."

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