20
Sep
07:54
Cogne Acciai Speciali completes SMP acquisition
Italian stainless long steel producer Cogne Acciai Speciali, a subsidiary of Taiwanese stainless steelmaker Walsin Lihwa, has completed the acquisition of Sheffield-headquartered Special Melted Products (SMP) from Germany’s Mutares SE & Co. KgaA, Kallanish learns from Cogne.
Cogne’s shareholders implemented a €200 million ($214m) capital increase earlier this month in view of the merger. “With this acquisition, we take a significant step…
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