Marcegaglia Group to acquire Outokumpu's long stainless products division

Marcegaglia Group signed an agreement to acquire 100% of Outokumpu's stainless-steel long products division for €228 million. The deal includes steel mills and production plants in the UK, USA, and Sweden, and is expected to close by end of 2022.

“Thanks to this important transformational investment, our group further strengthens its special steels business”marcegaglia.com

• 1 source
• marcegaglia.comAgreement with OutokumpuJul 13, 2022

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