Tupy agrees to acquire Teksid's Brazilian and Portuguese cast iron operations for €67.5M

Tupy S.A. reached a revised agreement with Stellantis to acquire the Brazilian and Portuguese cast iron components operations of Teksid SpA for an enterprise value of €67.5 million, expected to close in Q4 2021.

“The conclusion of this negotiation is a very important step for Tupy, and we are glad about the potential synergy among the companies.”prnewswire.com

• 1 source
• prnewswire.comTupy reaches agreement to acquire the Brazilian and Portuguese cast iron operations of TeksidTupyJul 1, 2021

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