20
Feb
13:40
Liberty eyes Italy expansion after Aartee asset acquisition
GFG Alliance has acquired Aartee Distribuzione Italia, with the aim to expand its presence in Italy, a company representative tells Kallanish.
The group announced the acquisition of parent company Aartee Group last week (see Kallanish passim).
GFG is buying four flat steel processing plants in Arcore and Graffignana, near Milan, in Quarto Inferiore near Bologna, and in Rieti, with a total annual capacity of more than 160,000 tonnes. The facilities sell 90% o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous