# Metalcoat acquires new plant in Ascoli Piceno, Italy

Metalcoat S.p.A. completed the acquisition of a new 110,000 sqm plant in Ascoli Piceno, Italy, in September 2023. The company plans to invest €10-12 million over three years to expand production lines and hire additional staff.

- Type: Acquisition
- Announced: 2023-09-01
- Where: Ascoli Piceno, Italy
- Value: $13.0M (12.0M EUR)
- Status: completed
- Capacity: 42,000 tons/year aluminum laminates; 120,000 tons/year carbon galvanized steel and stainless steel laminates
- Products: prepainted aluminum coils, anodized aluminum, carbon galvanized steel laminates, stainless steel laminates
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Metalcoat](https://endata.com/companies/74235.md) (acquirer)

## Sources

- [metalcoat.it](https://www.metalcoat.it/en/news/articolo.php?id=65), 2024-02-20: "The acquisition of the new plant in Ascoli Piceno goes in this direction: a transaction concluded by Metalcoat in September 2023, which allowed it to transform from a trading company to a production reality."

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