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Arconic sells business unit in a $62 million deal (US)
Pittsburgh-based Arconic Inc. (NYSE: ARNC) reported an agreement to sell its U.K. forging business in a $62 million deal with Aero Forgings Bidco Limited. The company intends to close the transaction...
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Sidenor finalise la vente d’une partie de l’usine Reinosa au groupe NFL (FR)
Sidenor a presque finalisé la vente d’une partie de ses installations de Reinosa au groupe nord-américain NFL, qui reprendrait la division des pièces de grande taille, dans le but de: renforcer la...
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MetaFensch à Uckange : le défi de l’aluminium (FR)
La plateforme de recherche MetaFensch, à Uckange près de Thionville, et l’Institut IRT M2P travaillent à l’installation d’une tour d’atomisation capable de réduire les chutes d’aluminium en poudre...
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Melrose weighs options after ‘low-ball’ bids for GKN Powder Metallurgy unit (US)
The industrialists who bought GKN, the British engineering group, in a controversial £8bn deal this year are weighing options for one of its key divisions after receiving a string of “low-ball”...
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EU Commission opens investigation about acquisition of VDM by Aperam in...
At this stage, the Commission is concerned that, following the transaction, customers would face reduced choice of suppliers, as well as higher prices, for nickel alloy plates and sheets, and for...
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Fujian Sangang buys bankrupt Laiwu Steel in Xinjiang (US)
BEIJING (Reuters) – China’s government-backed Fujian Sangang Group purchased iron- and steel-making capacity from a bankrupt plant in western China, the company said on Monday, allowing the company to...
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Pratt and Whitney Sells Israeli Carmel Forge Facility (US)
Bet Shemesh Engines signed an agreement to buy Pratt and Whitney-owned jet parts manufacturer Carmel Forge for $ 58.5 million. Carmel Forge will continue to supply parts to Pratt & Whitney under...
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Arconic weighs $11 billion offer from Apollo (US)
Aluminum products maker Arconic Inc’s (ARNC.N) board of directors is mulling an $11 billion acquisition offer it received last Friday from buyout firm Apollo Global Management LLC (APO.N), according...
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ATI Acquires Aerospace & Defense Additive Manufacturer Addaero (US)
Allegheny Technologies Incorporated ATI, +0.34% today announced that it has acquired Addaero Manufacturing (Addaero), a leader in metal alloy-based additive manufacturing for the aerospace and defense...
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More than two years after acquiring PCC Warren Buffett has no regrets (US)
More than two years after acquiring Precision Castparts Corp. at a cost of $37.2 billion, Berkshire Hathaway Inc.’s leadership has no regrets — about the acquisition, or the man in charge of the...
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Titane et Zircon : Eramet se renforce avec son partenaire australien MDL (US)
Le groupe minier et métallurgique français Eramet améliore ses positions dans les matières premières. Il a pris le contrôle de son partenaire australien MDL. Les sables riches en titane et en zircon...
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Perryman Co. buys former Caterpillar site to expand titanium production (US)
Titanium is used in additive /3D Industry has been identified as an area for immediate growth. Viewed by many as transformative technology, Perryman has been supporting titanium additive /3D users...
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Cefival et Ruspolymet s’allient dans les anneaux réacteurs (Fr)
Cefival, filiale française de Siderval, et la société russe Ruspolymet allient leurs savoir-faire pour la vente de matière et d’anneaux de réacteur. Le français Cefival et le russe Ruspolymet ont...
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Japan’s Sumitomo acquires Sweden’s Ovako (US)
Japan’s Nippon Steel & Sumitomo Metal Corporation said Monday that it completed the acquisition of Sweden’s Ovako Group on June 1, which will boost its special steel business and secure production...
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Mettis Aerospace Looking for Acquisitions (US)
A Worcestershire-headquartered manufacturer which was involved in the Spitfire programme and now supplies aerospace components to the likes of Airbus, Rolls-Royce and Boeing has reported a rise in...
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Jiangsu Shagang to acquire 45 % stake in Dongbei Special Steel (US)
DALIAN, China — Private-sector steelmaker Jiangsu Shagang will take Dongbei Special Steel Group under its wing, nearly a year after the state-backed company filed for bankruptcy. An investment firm...
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ParkOhio Acquires Canton Drop Forge, Inc (US)
February 01, 2018 – CLEVELAND, OHIO–(BUSINESS WIRE)–ParkOhio (NASDAQ: PKOH) announced today that it has acquired Canton Drop Forge, Inc. (“CDF”), headquartered in Canton, Ohio. Edward F. Crawford,...
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Fort Wayne Metals acquires G&S Titanium (US)
Fort Wayne Metals has completed its acquisition of Ohio-based G&S Titanium. Financial terms of the deal were not immediately disclosed, however the company says G&S will remain in its current...
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Lebronze alloys acquires the business of Bolton Metals, Ltd (US)
Suippes & Ipswich, December 11, 2017 – Lebronze alloys announces today the acquisition of all the activities of Bolton Metals. This transaction forms part of our Group’s growth strategy through...
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Thyssenkrupp confirms Italian stainless steel unit AST for sale (US)
ESSEN, Germany – Thyssenkrupp (TKAG.DE) Chief Executive Heinrich Hiesinger on Thursday confirmed plans to sell its Italian stainless steel plant, Acciai Speciali Terni (AST), adding this was the...
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