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04 Jan
14:12

Tosyali buys Spanish tubemaker STS

Turkish conglomerate Tosyali Holding says it has acquired Spain’s Baika Steel Tubular System (STS). The company manufactures helical welded steel (SAW) tube with different coatings and structural pipes, used mainly in the oil & gas sector, water transportation and for civil engineering applications. “We have added a new milestone to our global growth,” Tosyali says in a note seen by Kallanish. “With this acquisition, the company has inc…
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