# ArcelorMittal Construcción completes acquisition of Italpannelli activities in Italy and Spain

ArcelorMittal Construcción completed the acquisition of Italpannelli SRL in Italy and Italpannelli Ibérica SA in Spain. Italpannelli is a manufacturer of lightweight insulating panels for roofs and facades, with plants in Zaragoza, Spain and Abruzzo, Italy, employing about 260 people.

- Type: Acquisition
- Announced: 2024-05-31
- Where: Abruzzo, Italy; Zaragoza, Spain, Italy
- Jobs: 260
- Status: completed
- Capacity: 13 million square meters of sandwich panels per year
- Products: lightweight insulating panels, sandwich panels, PVC membrane panels, sectional doors, corrugated sandwich panels
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [ArcelorMittal Construcción](https://endata.com/companies/77761.md) (acquirer)
- [Italpannelli](https://endata.com/companies/77762.md) (target)

## Sources

- [spain.arcelormittal.com](https://spain.arcelormittal.com/noticias/construccion-adquisicion-italpannelli/), 2024-05-31: "ArcelorMittal Construcción ha concluido la adquisición de Italpannelli SRL en Italia y de Italpannelli Ibérica SA en España."

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