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Announced

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Bremhove completed the acquisition of Tata Steel France Bâtiments et Systèmes from Tata Steel.

Synopsis

Bremhove, a real estate agency, completed the acquisition of Tata Steel France Bâtiments et Systèmes, a manufacturer of building cladding, flooring profiles and roof panels for the construction sector, from Tata Steel, an Indian multinational steel-making company. Financial terms were not disclosed. “I believe this is good news for Tata Steel Nederland and for Monopanel. Under new ownership, Monopanel will have the opportunity to secure a more sustainable future, based on the investments made in recent years and the experience and expertise offered by Bremhove. We wish our colleagues all the best for the future and would like to thank everyone for their years of service to Monopanel as a part of Tata Steel Nederland,” Tom Eussen, Tata Steel Downstream Europe Managing Director.

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