Borusan Mannesmann acquires Berg Pipe from EUROPIPE

EUROPIPE GmbH sold its US subsidiary Berg Pipe to Borusan Mannesmann, effective April 13, 2023. Berg Pipe operates steel pipe plants in Mobile, Alabama and Panama City, Florida.

“This transaction marks another step in our active portfolio management that we are pursuing under our 'Salzgitter AG 2030' corporate strategy.”ca.marketscreener.com

• 2 sources
• ca.marketscreener.comSalzgitter : EUROPIPE GmbH sells Berg Pipe to Borusan MannesmannMarketScreener CanadaApr 13, 2023
• steelorbis.comTurkey’s Borusan Mannesmann acquires Europipe’s US units for $162 millionDamla TükenmezApr 13, 2023

Summarized from public sources; check the original articles before acting on it.