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Home Steel News thyssenkrupp sells non-core business in Spain
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thyssenkrupp sells non-core business in Spain

26 Dec 2023 16:10 reported by Joy Liu

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thyssenkrupp Materials Services’ subsidiary thyssenkrupp Materials Processing Lamincer S.A.U. has been acquired by Arania S.A.U, part of the Grupo Arania, as thyssenkrupp Materials Processing Lamincer was divesting its non-core business of the materials distribution and service provider. The financial details of the transaction weren’t disclosed.

With the acquisition, Arania further secures its leadership position in Southern Europe’s precision cold rolling mill sector and supports its continued growth strategy.

Founded in 1940, Grupo Arania has more than 1,000 employees across five production sites in 65 countries. The group has four business steel divisions, including cold-rolled strip, welded tubes, heavy loads and lightweight loads storage systems.

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Metal Price Index

  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug14,50015,00015,50016,000
  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug25002600270028002900
  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug23002400250026002700
  • Created with Highcharts 4.0.41. Jun1. Jul1. Aug900092509500975010,00010,250
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LME Official Bid Price

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