# Severstal acquires Ventall steel structures assets and Cherepovets plant

Severstal acquired Ventall's steel structures production assets in Kaluga and Tula regions, and a production complex in Cherepovets, with plans to increase total output to 126,000 tonnes per year. The deal closed on December 21, 2023, and was announced on January 10, 2024.

- Type: Acquisition
- Announced: 2024-01-10
- Where: Kaluga and Tula regions, and Cherepovets, Russia
- Status: completed
- Capacity: 126,000 tonnes per year
- Products: steel metal structures, cylindrical metal structures, heavy welded I-beams
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Severstal](https://endata.com/companies/1170.md) (acquirer)
- [Ventall](https://endata.com/companies/46710.md) (target)

## Sources

- [vedomosti.ru](https://www.vedomosti.ru/business/articles/2024/01/10/1014461-severstal-kupila-aktivi-ventall-po-vipusku-metallokonstruktsii), 2024-01-10: "Приобретение новых активов позволит «Северстали» увеличить выпуск этой продукции более чем в пять раз."

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