Today, after clearances from all competent authorities, Cogne Acciai Speciali acquires Special Melted Products in UK, British company controlled by German private equity holding Mutares SE & Co. KGaA.
Preparatory to the deal was the share capital increase of 200 million euro fully subscribed by the shareholders few days ago, also in anticipation of further M&A activities.
Massimiliano Burelli, Chief Executive Officer of Cogne Acciai Speciali declares: “With this acquisition we take a significant step forward in our growth path, that with Special Melted Products is enriched by top notch equipment and product mix, complementary with ours”.
Cogne Acciai Speciali has been supported by lawyer Vittorio Noseda and his team from ADVANT-Nctm.