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

Marcegaglia Steel and Manni Group closed a joint venture agreement, with each holding 50% of Isopan Spa. The joint venture will focus on insulated panels and sectional door panels, with an aggregate turnover of about 500 million euros and nearly 700 employees.

- Type: Acquisition
- Announced: 2025-01-10
- Where: Italy
- Jobs: 700
- Status: completed
- Products: insulated panels, sectional door panels
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Isopan](https://endata.com/companies/43089.md)
- [Marcegaglia Steel](https://endata.com/companies/78809.md) (partner)
- [Manni Group](https://endata.com/companies/78810.md) (partner)

## Sources

- [mannigroup.com](https://mannigroup.com/it/magazine/operativa-la-joint-venture-tra-marcegaglia-steel-e-manni-group/), 2025-01-09: "Si è chiusa stamattina – dopo il via libera della Commissione Europea, arrivato lo scorso novembre – l’operazione di joint venture tra Marcegaglia Steel e Manni Group, siglata nel luglio dello scorso anno."
- [isopan.com](https://isopan.com/news/joint-venture-between-marcegaglia-steel-and-manni-group-is-now-operational/), 2025-01-10: "The joint venture between Marcegaglia Steel and Manni Group, signed last July, was officially closed this morning following the European Commission's approval granted last November."

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