Tag: Tibnor AB
SSAB buys Tibnor holding from Outokumpu
Outokumpu has sold its 15% holding in Tibnor AB, a Nordic distributor of steel and metals, to SSAB. SSAB currently owns an 85% stake in Tibnor and will pay EUR 44 million in cash to acquire Outokumpu’s minority stake making it the full owner of the company.