(IN BRIEF) Buderus Edelstahl, owned by Mutares SE & Co. KGaA, has agreed to sell its hot rolling and mechanical processing including heat treatment divisions to GMH Gruppe, with the deal expected to close in late 2025. The move secures … Read the full press release
Posted in Business, Financial, Germany, Government, Industrial, Investment, Management, Marketing, Metals and Minerals, News, Technology
Tagged Buderus Edelstahl, carve-out, drop forging, FerrAl United Group, GMH Gruppe, heat treatment, hot rolling, Johannes Laumann, mechanical processing, Mutares, partnership, restructuring, special steels, Steel Industry, structural steel, tool steel, voestalpine AG, Wetzlar
(IN BRIEF) voestalpine has announced the sale of its German subsidiary, Buderus Edelstahl, to Mutares SE & Co. KGaA, a prominent investment company. The agreement, signed on October 23, 2024, is awaiting regulatory approval and is expected to be finalized … Read the full press release
Posted in Austria, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, Technology
Tagged acquisition, Buderus Edelstahl, Germany, Herbert Eibensteiner, High-Performance Materials, Johannes Laumann, Mutares, partnership, Reinhard Nöbauer, sustainability, voestalpine
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