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Announced

Sev.en to acquire subsidiaries in the United Kingdom and in the Nordics from Celsa.

Synopsis

Sev.en, an investment group, agreed to acquire subsidiaries in the United Kingdom and in the Nordics from Celsa, a manufacturing company. Financial terms were not disclosed. "Through this important divestment, which is added to the recent increase in share capital and the launch of an ambitious efficiency plan, Grupo Celsa continues with the implementation of its plan to reorganize its industrial and financial situation, focusing on its operations in Spain and on the reduction of financial leverage," Celsa.

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