# Acerinox acquires VDM Metals for €532 million

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.

- Type: Acquisition
- Announced: 2020-03-20
- Where: Werdohl, Germany, Germany
- Value: $575.0M (532.0M EUR)
- Status: completed
- Products: special nickel alloys, high-performance stainless steels, metal powders for additive manufacturing
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [VDM Metals](https://endata.com/companies/23936.md) (target)
- [Acerinox S.A.](https://endata.com/companies/27584.md) (acquirer)

## Sources

- [metal-am.com](https://www.metal-am.com/vdm-metals-acquired-by-stainless-steel-manufacturing-group-acerinox/), 2020-03-20: "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."

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