# Cogne Acciai Speciali to acquire Mannesmann Stainless Tubes from Salzgitter

Cogne Acciai Speciali SpA signed a contract with Salzgitter AG to acquire Mannesmann Stainless Tubes GmbH, including its subsidiaries and operating plants in Germany, France, Italy and the USA. The transaction is subject to regulatory approvals.

- Type: Acquisition
- Announced: 2024-02-19
- Where: Germany, France, Italy, United States, Germany
- Jobs: 1,000
- Status: announced
- Products: seamless stainless steel and nickel alloy tubes and pipes
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Salzgitter](https://endata.com/companies/29655.md) (partner)
- [Cogne Acciai Speciali](https://endata.com/companies/63166.md) (acquirer)
- [Mannesmann Stainless Tubes GmbH](https://endata.com/companies/75716.md) (target)
- [Waslin Group](https://endata.com/companies/75857.md) (investor)

## Sources

- [cogne.com](https://www.cogne.com/en/post/press-release-15), 2024-02-19: "Today’s agreement is an amazing step towards the materialization of our strategy, as it ensures both the downstream verticalization and an additional saturation of the Aosta Steel Melting Shop."
- [advant-altana.com](https://www.advant-altana.com/en/news/advant-altana-conseille-cogne-acciai-speciali-dans-lacquisition-de-mannesmann-stainless-tubes), 2024-02-26: "ADVANT Altana, together with ADVANT Nctm and ADVANT Beiten, has advised Cogne Acciai Speciali (CAS) on the acquisition of Mannesmann Stainless Tubes from Salzgitter."
- [cogne.de](https://cogne.de/news/cogne-acciai-speciali-to-acquire-mannesmann-stainless-tubes/), 2024-03-07: "Today's agreement is an amazing step towards the materialization of our strategy, as it ensures both the downstream verticalization and an additional saturation of the Aosta Steel Melting Shop."

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