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Nippon Steel completes acquisition of Ovako Group · Endata

◂ Announcements

Aug 8, 2018ACQUISITIONSweden

Nippon Steel completes acquisition of Ovako Group

Nippon Steel & Sumitomo Metal Corp. completed its takeover of Ovako Group, a Swedish steelmaker and forger, from private-equity fund Triton. The value was not disclosed.

Status

Completed

Productsspecialty steelrolled ringsforged rings

CompaniesTriton partner Nippon Steel & Sumitomo Metal acquirer Ovako AB target

Sectors#Steel and Metal Products

“We are very pleased to now fully begin our journey as part of NSSMC.”newequipment.com

2 sources
newequipment.comNippon Steel Completes Ovako Purchase | New Equipment DigestForging StaffAug 8, 2018
stainless-steel-focus.comNSSMC to acquire Ovako Group from Triton – Stainless Steel FocusRalleSep 13, 2018

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

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