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Taiwanese group Walsin Lihwa Corporation has agreed to acquire a 70% stake in Cogne Acciai Speciali S.p.a., a global leader in stainless steel long products. The Marzorati family will retain the remaining stake. The closing is expected by 2022, subject to regulatory approvals.
“We are particularly pleased and honored that the long steelmaking tradition of our family, which has led Cogne Acciai Speciali to being recognized as a global leader in our sector, can cross the successful trajectory of the Walsin Lihwa Corporation group”cogne.de
Summarized from public sources; check the original articles before acting on it.