Swiss Steel completes the divestiture of Eastern Europe

Swiss Steel Group announced the successful completion of the divestiture of several distribution entities in Eastern Europe. This strategic move towards a global distribution network that promotes and sells its own mill products represents a milestone in the ongoing implementation of Swiss Steel Group’s vision for the future and the continuation of its strategic program, SSG 2025.
The divestiture allows Swiss Steel Group to streamline its operations and bolster its focus on core strengths, positioning the company for increased competitiveness and long-term growth. Swiss Steel Group reaffirms its commitment to maintaining its existing mill-direct business in the respective countries.
This marks the second significant agreement between Swiss Steel Group and JACQUET METALS. This transaction further strengthens the enduring business relationship between the two companies which will continue to cooperate as reliable partners.

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