# Eramet sells Norwegian subsidiary ETI to INEOS Enterprises for $245M

Eramet has sold its Norwegian subsidiary Eramet Titanium & Iron (ETI) to INEOS Enterprises for a value of $245 million.

- Type: Acquisition
- Announced: 2023-09-21
- Where: Tyssedal, Norway
- Value: $245.0M
- Status: announced
- Products: titanium, iron
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [ERAMET](https://endata.com/companies/24244.md)
- [ERAMET](https://endata.com/companies/24244.md) (partner)
- [INEOS Enterprises](https://endata.com/companies/33510.md) (acquirer)
- [Eramet Titanium & Iron](https://endata.com/companies/72772.md) (target)

## Sources

- [eramet.com](https://www.eramet.com/en/news/eramet-sells-its-norwegian-subsidiary-eramet-titanium-iron-eti-to-ineos-enterprises-for-a-value-of-245m/), 2023-09-21: "Eramet sells its Norwegian subsidiary Eramet Titanium & Iron (“ETI”) to INEOS Enterprises for a value of $245m"
- [mining.com](https://www.mining.com/ineos-acquires-norways-eramet-titanium-iron-for-245-million/), 2023-09-21: "This is a good quality asset, complemented by an experienced operations team."

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