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Mutares SE & Co. KGaA signed an agreement to acquire the Sheffield Operations of Allegheny Technologies Incorporated (ATI) in Sheffield, UK. The operation employs around 190 people and has expected revenues of approx. EUR 80 million for 2022. Closing is expected by end of Q1 2022.
“This transaction marks our second acquisition in 2022, strengthening our Engineering & Technology segment.”mutares.com
Summarized from public sources; check the original articles before acting on it.