Tag: OSTP
Tubinoxia becomes majority shareholder in the OSTP
Outokumpu’s partner in the OSTP tubular joint venture, Tubinoxia S.r.l. has exercised its call option and acquired additional 15% of the joint venture’s shares from Outokumpu. Tubinoxia, an Italian company controlled by Andrea Gatti, has thus increased its ownership in OSTP from 36% to 51%.
OSTP transfers/investments
Outokumpu has decided to carry out a number of production line transfers and an investment in its stainless steel tubular business unit OSTP in Sweden.