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19 Apr
16:48

Europipe seen seeking new owner

Europipe is apparently being put up for sale by its parent companies, Dillinger (Hütte) and Salzgitter AG. They each hold 50% in the German large-diameter pipemaker, and have so far not openly communicated their intention to sell. A week ago, Europipe sold its US subsidiary Berg Europipe to Turkish group Borusan Mannesmann. Dillinger then commented that the deal supports Dillinger’s ambition to focus more on plate for wind tower production. A month earl…
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