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ThyssenKrupp Considering selling VDM (German)
Titanium Forging part Process at Thyssenkrupp VDM Unna Focus : ThyssenKrupp is considering selling its stainless steels, superalloys, and titanium division ThyssenKrupp VDM. Analysts said that the...
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4 buyers May bid for South Korean Dongbu Special Steel (US)
Dongbu Group headquarters in southern Seoul (Credit Photo @ Yonhap ) SEOUL, Sept. 25 (Yonhap) — Four potential buyers, including Hyundai Steel and SeAH Group, have joined a race to buy Dongbu Special...
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Tata Steel to sell off Long Products division (US)
Dr Karl-Ulrich Köhler joined Tata Steel Europe as Chief Operating Officer on 1 February 2010. He became CEO and Managing Director on 1 October 2010. Tata Steel is planning to sell its Long Products...
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FOMAS Group Acquires Ajax Rolled Ring & Machine, LLC (US)
The new FOMAS 110 MN Open Die Press with 400 TMT integrated manipulator (Credit Photo @ Casting-Forging News) ASNAGO, Italy and YORK, S.C., Oct. 14, 2014 /PRNewswire/ – FOMAS Group is pleased to...
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Alcoa to Acquire TITAL (US)
Transaction Enhances Product Suite in High-Growth Jet Engine Segment Acquisition grows Alcoa’s portfolio of titanium structural cast parts for world’s bestselling jet engines and airframe structures...
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IG Metall: “The sale of VDM close to be finalized” (German)
Der Gesamtbetriebsratsvorsitzender Gerd Bendiks (l.) und sein Vertreter Dirk Schumacher werden in der Kommission sitzen, die den Verkauf der VDM begleiten soll. (Credit Photo @ Com-on.de) Auf der...
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Ascométal and Bharat Forge show interest in Manoir Industries Custines (French)
(Credit Photo @ Manoir Industries) (US) Three rescuers, including French Ascométal and Indian Bharat Forge, have expressed interest to take over Manoir Industries Custines (Meurthe-et-Moselle)....
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ThyssenKrupp nears VDM sale to Lindsay Goldberg (US)
(Credit Photo @ Vogel Business Media) ThyssenKrupp is nearing a sale of its loss-making alloys unit VDM to private equity firm Lindsay Goldberg Vogel for about €500 million. But the head of...
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Areva Attracts Chinese Interest (US)
Dongfang Electric Corp (DEC) , meanwhile, is eyeing Areva plants that manufacture vats and generators, particularly those of its Creusot Forge and Saint-Marcel units, the paper reported, adding that a...
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SIFCO Completes the Acquisition of C*Blade (US)
(Credit Photo @ C*Blade) t July 1, 2015 – SIFCO Industries, Inc. announced today that it has completed its acquisition of the Italian-based company C*Blade from Riello Investment Partners. “We’re...
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Lebronze alloys acquires Manoir Industries Custines (US)
Lebronze alloys has decided to propose, in cooperation with former managers and employees, to restart Manoir Custines’ site, stopped since June 6, 2015 in the context of its judicial liquidation....
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Perryman Co. acquires titanium recycler (US)
Perryman Company Houston, Pennsylvania (Credit Photo @ Perryman Co) Perryman Co. said it acquired titanium revert processor Spectralloy Co. LLC. Located in Goodville, Lancaster County, Spectralloy is...
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M&A in High Performance Alloys during the last 10 years (US)
In 2015, Warren Buffett’s Berkshire Hathaway Inc. agreed to buy Precision Castparts Corp., in a deal valued at $37.2 billion, including debt. High Performance Alloys Industry is under consolidation,...
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Gerdau Considering Selling Its specialty steel unit Sidenor (US)
Sidenor Reinosa, (credit photo @ .eldiariomontanes) Brazilian steelmaker Gerdau said in a filing with securities regulators y that it had not made a decision on whether to sell Sidenor, a specialty...
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Ascometal to Take Over Vallourec’s Saint-Saulve Steelmaking Facility (US)
Saint-Saulve Steelmaking Shop (Credit Photo @ Le Figaro) (US) According to the french regional newspaper Le Republicain Lorrain, Ascometal will take over the Vallourec’s Saint-Saulve Steelmaking...
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Union Electric Steel acquires Åkers (US)
Åkers France SAS, Berlaimont,The history of the Berlaimont plant in France dates back to 1927. In 1960 the steel plant, heat treatment and machine shop was established. (Credit Photo @ Akers)...
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CFHI, Harbin Electric deny fusion (US)
CFHI is China’s largest nuclear forging manufacturer by annual output. It accounts for about 90 % of the domestic nuclear forgings and 80 % of the pressure vessels for nuclear reactors (on photo...
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Voestalpine Acquires Specialty Steel Firms in Shanghai and Barcelona (US)
Voestalpine steel buys two specialty steel firms. With the purchase of Advanced Tooling Tek (ATT) in Shanghai, China, and the Sermetal Group in Barcelona, Spain, Voestalpine is enhancing its position...
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SIJ acquires its customer ORO MET (Slovenian)
Kako je s kupnino za podjetje ORO MET, ki jo bo direktor hčerinske družbe Slovenske industrije jekla Ravne Steel Center Boštjan Taljat tako rekoč plačal tudi sam sebi kot enemu nejvečjih lastnikov,...
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Gerdau sells specialty steel SIDENOR unit in Spain to Clerbil for €155...
May 20 Brazilian steelmaker Gerdau SA said on Friday it sealed a deal to sell its specialty steel unit in Spain to Clerbil SL for 155 million euros, with a potential of receiving an additional 45...
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