# Cogne Acciai Speciali completes acquisition of Special Melted Products

Walsin Lihwa's subsidiary Cogne Acciai Speciali has completed the acquisition of Special Melted Products Ltd for £142 million, expanding its stainless steel and nickel alloy capabilities for aerospace and other premium segments.

- Type: Acquisition
- Announced: 2023-09-19
- Where: Sheffield, UK, United Kingdom
- Value: $175.0M (142.0M GBP)
- Status: completed
- Products: stainless steel, nickel alloys, specialty steels, nickel based super alloys
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Mutares](https://endata.com/companies/6466.md)
- [Mutares SE & Co. KGaA](https://endata.com/companies/33465.md) (partner)
- [Walsin Lihwa Corporation](https://endata.com/companies/48526.md) (investor)
- [Walsin Lihwa Corporation](https://endata.com/companies/48526.md) (partner)
- [Special Melted Products Limited](https://endata.com/companies/62838.md) (target)
- [Cogne Acciai Speciali](https://endata.com/companies/63166.md) (acquirer)

## Sources

- [walsin.com](https://www.walsin.com/en/walsins-subsidiary-cogne-acciai-speciali-completes-acquisition-of-special-melted-products/), 2023-09-19: "The closing of our acquisition of SMP today marks an important milestone."
- [eurometal.net](https://eurometal.net/cogne-acciai-speciali-completes-smp-acquisition/), 2023-09-21: "With this acquisition, we take a significant step forwards in our growth path, which thanks to Special Melted Products is enriched by a top-notch equipment and product mix, complementary to ours."
- [lincolninternational.com](https://www.lincolninternational.com/transactions/mutares-has-sold-special-melted-products-to-cogne-accial-speciali-a-subsidiary-of-walsin-lihwa/), 2023-09-21: "We are delighted to have supported Mutares on their exit from SMP which will represent the most successful exit in their history."

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