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Acerinox to invest €67 million in VDM Metals for capacity expansion · Endata

◂ Announcements

Jan 25, 2024INVESTMENTUnna, Altena, Werdohl, Germany, Germany

Acerinox to invest €67 million in VDM Metals for capacity expansion

Acerinox Group announced a €67 million investment in its high-performance alloys division VDM Metals, to build three new remelting units and a second powder atomisation plant at the Unna site in Germany, expanding production capacity.

Value

$73.0M (67.0M EUR)

Status

Announced

Productsnickel alloyshigh-alloy special stainless steelsmetal powder

CompaniesVDM Metals Acerinox S.A. investor

Sectors#Steel and Metal Products #Specialty Chemicals

“Acerinox Group, Madrid, Spain, has announced plans to invest €67 million in VDM Metals, its high-performance alloys (HPA) division.”metal-am.com

1 source
metal-am.comAcerinox to invest €67 million in VDM Metals, boosting powder productionJan 25, 2024

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

More from VDM Metals

Jun 16, 2020ACQUISITIONGermany
Acerinox acquires VDM Metals
VDM Metals target Acerinox S.A. acquirer metaltorg.ru
Mar 20, 2020ACQUISITIONWerdohl, Germany, Germany$575.0M
Acerinox acquires VDM Metals for €532 million
VDM Metals target Acerinox S.A. acquirer metal-am.com
Nov 8, 2019ACQUISITIONWerdohl, Germany, Germany$342.1M
Acerinox to acquire VDM Group from Lindsay Goldberg
Lindsay Goldberg investor VDM Metals target presseportal.de steelorbis.com eurometal.net
Dec 3, 2018ACQUISITION
Aperam proposes acquisition of VDM Metals
Aperam acquirer VDM Metals target metal-powder.tech
Apr 11, 2018ACQUISITIONWerdohl, North Rhine-Westphalia, Germany$540.0M
Aperam to acquire VDM Metals for EUR 438 million
Lindsay Goldberg partner Aperam acquirer finance.yahoo.com gleisslutz.com simmons-simmons.com
May 1, 2017EXPANSIONWerdohl, Germany, Germany$23.0M
VDM Metals invests EUR 21M in strip production expansion at Werdohl
VDM Metals stainless-steel-world.net

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