RHI Magnesita to acquire Resco Group for up to $430 million

RHI Magnesita, a Vienna-based fireproof materials maker, plans to buy Resco Group, a U.S.-based producer of alumina and refractories, for an enterprise value of up to $430 million. The acquisition is expected to be completed in the second half of 2024.

“The acquisition would continue its growth in alumina-based refractories by providing U.S. customers with an improved range of products.”stockopedia.com

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• stockopedia.comRHI MAGNESITA N.V. | Austria's RHI Magnesita to buy US-based alumina producer Resco (updated)May 25, 2023

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