Cogne Acciai Speciali

Cogne Acciai Speciali SpA signed a contract with Salzgitter AG to acquire Mannesmann Stainless Tubes GmbH, including its subsidiaries and operating plants in Germany, France, Italy and the USA. The transaction is subject to regulatory approvals.

Cogne Acciai Speciali SpA signed a contract to acquire a 65% stake in Com.Steel Inox SpA, a stainless steel and nickel alloys scrap recovery company in Calusco d'Adda, Italy. The transaction is subject to regulatory approval and expected to close in the coming months.

Walsin Lihwa's subsidiary Cogne Acciai Speciali has completed the acquisition of Special Melted Products Ltd for £142 million, expanding its stainless steel and nickel alloy capabilities for aerospace and other premium segments.

Mutares SE & Co. KGaA has signed an agreement to sell its portfolio company Special Melted Products Ltd. (SMP) to Cogne Acciai Speciali S.p.A. (CAS) for an enterprise value of approximately EUR 180 million. Closing is expected in Q2 2023.

Walsin Lihwa Corporation completed the acquisition of a 70% stake in Cogne Acciai Speciali, with the Marzorati family retaining 30%, creating the largest worldwide producer of stainless specialties long products.

Italian authorities have approved Taiwan's Walsin Lihwa's buyout of 70% of Italian long stainless steelmaker Cogne Acciai Speciali. The deal closing is expected before the end of 2022, with over EUR 110 million investment planned in the Aosta plant between 2022-2024.

Taiwanese group Walsin Lihwa Corporation has agreed to acquire a 70% stake in Cogne Acciai Speciali S.p.a., a global leader in stainless steel long products. The Marzorati family will retain the remaining stake. The closing is expected by 2022, subject to regulatory approvals.