# Cogne Acciai Speciali to acquire 65% stake in Com.Steel Inox

Cogne Acciai Speciali SpA signed a contract to acquire a 65% stake in Com.Steel Inox SpA, a stainless steel and nickel alloys scrap recovery company in Calusco d'Adda, Italy. The transaction is subject to regulatory approval and expected to close in the coming months.

- Type: Acquisition
- Announced: 2024-01-26
- Where: Calusco d'Adda, Bergamo, Italy, Italy
- Status: announced
- Products: stainless steel scrap recovery, nickel alloys scrap treatment
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Cogne Acciai Speciali](https://endata.com/companies/63166.md) (acquirer)
- [Com.Steel Inox SpA](https://endata.com/companies/75281.md) (target)
- [Com.Steel SpA](https://endata.com/companies/75282.md) (partner)

## Sources

- [cogne.com](https://www.cogne.com/en/post/press-release-14), 2024-01-26: "The acquisition of a majority stake in our main supplier of stainless steel scrap marks the first stage of our upstream verticalisation strategy."

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