Announced
Completed
Financials
Sources
Tags
Private
Completed
Diversified Materials
Single Bidder
Germany
Majority
Acquisition
insulation boards
Friendly
Cross Border
Synopsis
ArcelorMittal Construction, a manufacturer of steel systems and solutions for building cladding, completed the acquisition of Italpannelli Germany, a manufacturer of insulation boards based in Trier. Financial terms were not disclosed. The acquisition will complement ArcelorMittal’s geographic presence, strengthening its product portfolio and improving its ability to serve existing customers.
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