Acerinox to acquire VDM Metals for €532M

Acerinox SA has reached an agreement to acquire VDM Metals Holding GmbH, a specialty alloys producer, for €532 million ($586.28 million). The transaction is expected to close by late Q1 2020.

“Spain-based stainless steelmaker Acerinox SA said Friday it has reached an agreement to acquire VDM Metals Holding GmbH for Eur532 million ($586.28 million).”eurometal.net

• 1 source
• eurometal.netAcerinox set to buy VDM Metals, boost sales in troubled market - EUROMETALeurometalNov 11, 2019

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