# Walsin Lihwa becomes majority shareholder of Cogne Acciai Speciali

Walsin Lihwa Corporation completed the acquisition of a 70% stake in Cogne Acciai Speciali, with the Marzorati family retaining 30%, creating the largest worldwide producer of stainless specialties long products.

- Type: Acquisition
- Announced: 2022-11-30
- Where: Aosta, Italy
- Status: completed
- Products: stainless steel and nickel alloy long products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Walsin Lihwa Corporation](https://endata.com/companies/48526.md) (acquirer)
- [Cogne Acciai Speciali](https://endata.com/companies/63166.md) (target)

## Sources

- [cogne.com](https://www.cogne.com/en/post/press-release-2), 2022-11-30: "Today, after clearances from all competent authorities, Walsin Lihwa Corporation became the majority shareholder of Cogne Acciai Speciali whilst the Marzorati family will remain a long-term shareholder with a 30% stake."
- [industrialvalvenews.com](https://www.industrialvalvenews.com/featured/cogne-acciai-speciali-transaction-closing-walsin-lihwa-corporation-at-70-of-capital/), 2022-12-21: "I am very pleased to have finalized this deal as Cogne is an extremely well-run company, which will be fully synergetic and a value creator within the two groups."

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