Feralpi Group completed the acquisition of Saexpa.

Feralpi Group, a steel producer, completed the acquisition of Saexpa, a solutions provider for the logistics industry. Financial terms were not disclosed. «With this move the Feralpi Group is enhancing its own diversified product business unit in line with its industrial plan, which includes optimizing the product mix, maximizing market share and strengthening customer service level. Each of these three objectives are on target with the acquisition of Saexpa through Nuova Defim," Giovanni Pasini, Feralpi Group Executive Director.