# Walsin Lihwa subsidiary Cogne Acciai Speciali completes acquisition of Mannesmann Stainless Tubes

Walsin Lihwa Corporation's 70%-owned subsidiary Cogne Acciai Speciali S.p.A. completed the acquisition of Mannesmann Stainless Tubes (MST) GmbH for an equity value of approximately EUR 116 million. MST, renamed DMV, manufactures seamless stainless steel and nickel-based alloy tubes and pipes.

- Type: Acquisition
- Announced: 2024-11-08
- Value: $125.0M (116.0M EUR)
- Status: completed
- Products: seamless stainless steel tubes, nickel-based alloy tubes and pipes
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Walsin Lihwa Corporation](https://endata.com/companies/48526.md) (acquirer)
- [Cogne Acciai Speciali](https://endata.com/companies/63166.md) (acquirer)
- [Mannesmann Stainless Tubes GmbH](https://endata.com/companies/75716.md) (target)

## Sources

- [tubepipeindia.com](https://tubepipeindia.com/walsin-lihwa-corporations-subsidiary-completes-acquisition/), 2024-11-14: "The acquisition worth EUR 11 million will strategically strengthen Cogne Acciai Speciali’s position in the seamless tube market and boost its competitiveness."

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