# Greybull Capital approved as new owner of Ascometal

The Strasbourg Court of First Instance approved the takeover bid by UK-based Greybull Capital for Ascometal France Holding's assets, including steel mill, rolling mill, and finishing sites. Greybull will relaunch steelmaking for automotive and other industries.

- Type: Acquisition
- Announced: 2024-07-11
- Where: Hagondange, Custines, Marais de Saint-Etienne, Leffrinckoucke, France, France
- Status: announced
- Products: special steel products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Swiss Steel Group](https://endata.com/companies/15941.md) (partner)
- [Ascometal France Holding](https://endata.com/companies/74589.md) (target)
- [Greybull Capital](https://endata.com/companies/78561.md) (acquirer)

## Sources

- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/uks-greybull-capital-approved-as-new-owner-of-ascometal-1348388.htm), 2024-07-11: "UK’s Greybull Capital approved as new owner of Ascometal"

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