Italy's Cogne Acciai Speciali acquires 65 percent of Inox

8 mayo, 2024 por

Italian steelmaker Cogne Acciai Speciali, which specializes in the production of stainless long products and nickel alloys, has announced that it has completed the acquisition of a 65 percent stake in Italian stainless steel and nickel alloy recycler Com.steel Inox S.p.A. (Inox).

The company has finalized the acquisition for a cash consideration of €24 million, stating that this upstream integration will enable it to fulfill its circularity commitments.

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