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20 Apr
18:36

Marcegaglia completes Latvia’s SIA Severstal Distribution acquisition

Marcegaglia has completed the acquisition of Latvia-based SIA Severstal Distribution from Russian parent Severstal, sources close to the matter tell Kallanish. The Italian steel processing group’s Marcegaglia Carbon Steel subsidiary is acquiring full control over the Riga-based service centre, as well as its two distribution subsidiaries Severstal Distribution Sp.z.o.o. in Poland and Severstal Distribution OOO in Ukraine. The service centre and its subsidia…
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