# Niedax Group acquires Bandstahl-Service-Hagen steel service center

The Niedax Group has acquired 100% of Bandstahl-Service-Hagen GmbH, a steel service center specializing in slit strip, to secure supply of raw materials for its cable management systems.

- Type: Acquisition
- Announced: 2022-10-10
- Where: Hagen, Germany
- Status: completed
- Capacity: 175,000 tons per year
- Products: slit strip, hot-rolled wide strip, cold-rolled steel, hot-dip galvanized steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Niedax](https://endata.com/companies/41405.md) (acquirer)
- [Bandstahl-Service-Hagen](https://endata.com/companies/66191.md) (target)

## Sources

- [niedax-group.com](https://www.niedax-group.com/en/news-events/niedax-group-acquires-second-steel-service-center/), 2022-10-10: "We are delighted that with immediate effect we can count BSH, a company in the steel industry that has been successful for decades, to the Niedax family."

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