thyssenkrupp divests Acciai Speciali Terni to Arvedi

thyssenkrupp announced the divestment of its stainless steel business Acciai Speciali Terni (AST), including sales organizations in Germany, Italy and Turkey, to Italian steelmaker Arvedi. The purchase price was not disclosed; closing is expected in the first half of 2022.

“This fourth transaction shows clearly that we are working through our priorities and making decisive progress in the transformation of thyssenkrupp.”news.europawire.eu

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• news.europawire.euthyssenkrupp transformation: the company divests Acciai Speciali Terni (AST) to Arvedi, one of Europe’s most significant steel makers | EuropaWireEuropaWire PR EditorsSep 16, 2021

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