Tag: acquisition

Arcelor sells Thainox

Arcelor has sold its entire stake (96%) in Thainox to Prayudh Mahagitsiri, a Thai industrialist, currently chairman of the board of Thainox and partner of Usinor/Arcelor since the creation of Thainox.

Ecocat sells Metpela

Ecocat Oy has sold its shares in the company's subsidiary Metpela Oy in Laitila, Finland, to Godarb AB.

Stork sells Polmor

Stork NV completed the sale of its 66.7% shareholding in Polmor on 30 December 2003.

Outokumpu to sell filter business to Larox

Outokumpu has signed an agreement to sell Larox its filter business.

Böhler-Uddeholm acquires Villares Metals

Böhler-Uddeholm AG (Austria) has acquired a majority stake in Villares Metals SA (Brazil).

Merger completed

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

ABB sells oil & gas business

ABB Ltd has agreed to sell most of its upstream business in the oil, gas and petrochemicals division to a private equity consortium.

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.