Search for investing partner for Specialty Steel Manufacturers, 30 mln. Euros.

The shareholders of the two Romanian companies are contemplating offers from strategic buyers interested in acquiring up to 100% of the companies’ shares or assets, as well as from potential investors interested in acquiring a stake in the companies and further develop the companies in partnership with the existing shareholders

The companies will manufacture, in partnership, forged and cast steel products, whereas one  will elaborate and cast the steel, and the second will provide the processing of steel (forging and thermal treatment). The casting will be performed by the company in vacuum induction or arc furnaces and slag remelting. The potential synergies resulting from this partnership cannot be underestimated, creating the only integrated producer of speciality steel parts with added value in all of South-Eastern Europe.

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