Tag: acquisition

Dutch engineering buy-out

Force Technology Netherlands BV, part of Force Technology Denmark, recently took over the management of CorrOcean BV.

Precision Castparts acquires SPS Technologies

Precision Castparts Corp. has signed a definitive agreement to acquire SPS Technologies Inc., a supplier of fasteners and other metal products to the aerospace, automotive, and general industrial and other markets.

TAD take-over

Only four months after signing a letter of intent the Italian TAD Group and ThyssenKrupp Acciai Speciali Terni SpA have closed their negotiations.

CB&I acquisition

CB&I has acquired certain assets of Petrofac Inc., the US subsidiary of Petrofac Limited, an engineering, procurement and construction (EPC) company serving the hydrocarbon processing industry.

Arcelor withdraws from Polish bid

Arcelor has decided not to make a bid for PHS, the state-run Polish steel company.

Tube maker acquired

AK Steel’s tubemaking subsidiary, AK Tube LLC, Walbridge, Ohio, has signed a definitive agreement to acquire an exhaust tube manufacturer located in Columbus, Indiana.

Maverick completes acquisition

Maverick Tube Corp. has completed the acquisition of SeaCAT Corp.

AvestaPolarit acquires plate business

AvestaPolarit Oyj Abp has completed the purchase of the stainless steel quarto plate business of ThyssenKrupp Nirosta GmbH.

AK Steel makes offer for National Steel

AK Steel Corp. has offered to acquire substantially all of the steelmaking and finishing assets of National Steel Corp. for USD 1025 billion.

Jindal Strips to buy Salem Steel

Salem Steel, SAIL's stainless steel unit in Tamilnadu, India, will finally be sold to Jindal Strips by the end of November.