Aperam completed the acquisition of Universal Stainless & Alloy Products for $539m.

Aperam, a provider of specialty steel solutions and recycling, completed the acquisition of Universal Stainless & Alloy Products, a manufacturer of specialty steel product, for $539m. “We are delighted to welcome Universal to the Aperam family. This acquisition is a key step in our strategic plan to decommoditize our product portfolio and provide innovative, high-performance solutions for key industries such as aerospace. Together, we are poised to unlock new opportunities for growth and value creation,” Timoteo Di Maulo, Aperam CEO.