# Mutares acquires ATI's Sheffield Operations

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.

- Type: Acquisition
- Announced: 2022-03-03
- Where: Sheffield, UK, United Kingdom
- Jobs: 190
- Status: announced
- Products: forged and machined products, low alloy steels, stainless steels, nickel-based super alloys
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Allegheny Technologies Incorporated](https://endata.com/companies/25823.md) (target)
- [Mutares SE & Co. KGaA](https://endata.com/companies/33465.md) (acquirer)

## Sources

- [mutares.com](https://mutares.com/en/second-acquisition-in-2022-mutares-acquires-atis-sheffield-operations/), 2022-03-03: "This transaction marks our second acquisition in 2022, strengthening our Engineering & Technology segment."

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