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Acerinox, a Spanish stainless steel manufacturer, has acquired VDM Metals GmbH of Germany for €532 million. The acquisition has received regulatory approvals and is expected to create a global leader in special nickel alloys and high-performance stainless steels.
“Acerinox, S.A. a multi-national stainless steel manufacturing group based in Madrid, Spain, has acquired VDM Metals GmbH, Werdohl, Germany, in transaction valued at €532 million.”metal-am.com
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