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Mutares sells Special Melted Products to Cogne Acciai Speciali · Endata

◂ Announcements

May 5, 2023ACQUISITIONSheffield, UK, United Kingdom

Mutares sells Special Melted Products to Cogne Acciai Speciali

Mutares SE & Co. KGaA has signed an agreement to sell its portfolio company Special Melted Products Ltd. (SMP) to Cogne Acciai Speciali S.p.A. (CAS) for an enterprise value of approximately EUR 180 million. Closing is expected in Q2 2023.

Value

$198.0M (180.0M EUR)

Status

Announced

Productspremium specialty steelsnickel-based Super Alloys

CompaniesMutares SE & Co. KGaA Special Melted Products Limited target Cogne Acciai Speciali acquirer

Sectors#Steel and Metal Products

“Mutares SE & Co. KGaA has signed an agreement to sell its portfolio company Special Melted Products Ltd. (SMP) to Cogne Acciai Speciali S.p.A. (CAS).”marketscreener.com

1 source
marketscreener.comMutares Signs an Agreement to Sell Special Melted Products to Cogne Acciai Speciali for an Enterprise Value of Approximately EUR 180 MillionMarketScreenerMay 5, 2023

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

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