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German steelmaker Südwest Beteiligungen (SWB) and Dutch Van Merksteijn Group have signed a merger agreement to combine their production and rolling assets. The new company, Reinforcing Steel Europe, will be headquartered in Almelo, Netherlands, pending competition authority approval.
“The planned merger will enable us to consolidate our position as a leading manufacturer and processor of reinforcing steel products in the EU.”agmetalminer.com
Summarized from public sources; check the original articles before acting on it.