15
Dec
10:05
SMS invests in industrial services provider Kaefer
SMS Group has entered into an agreement to acquire a 50% stake in global industrial services company Kaefer, Kallanish learns from the plantbuilder. SMS shares its stake with Sweden-based investor Altor Fund V, while the owner family of Kaefer will continue to hold the remaining 50%.
With this investment, SMS intends to broaden its business portfolio beyond the engineering of metallurgical plants, and to participate in the ever-growing market for industrial servic…
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Anonymous
Very good overview of the weekly steel market.
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