# Marcegaglia Steel and Manni Group form joint venture for insulated panels

Marcegaglia Steel and Manni Group signed an agreement to form a joint venture in insulated panels and sectional door panels, creating the second-largest producer of panels in Europe. The joint venture will have an aggregated turnover of approximately €500 million and employ nearly 700 people.

- Type: Acquisition
- Announced: 2024-07-25
- Where: Piedmont, Veneto, Lazio, Italy
- Jobs: 700
- Status: announced
- Products: insulated panels, sectional door panels
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Marcegaglia Steel](https://endata.com/companies/78809.md) (partner)
- [Manni Group](https://endata.com/companies/78810.md) (partner)

## Sources

- [marcegaglia.com](https://www.marcegaglia.com/officialwebsite/en/joint-venture-between-marcegaglia-steel-and-manni-group/), 2024-07-25: "Marcegaglia Steel and Manni Group have signed an agreement for a joint venture in the field of insulated panels and sectional door panels"

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