German investor Mutares acquires two of ArcelorMittal’s French wire mills

By IM Staff
Published: Tuesday, 04 June 2019

Mutares has added wire and steel rope maker TrefilUnion to its earlier acquisition of Aperam's French stainless welded tubes division.

German turnaround investor Mutares has completed the acquisition of TrefilUnion, the French wire products subsidiary of steelmaker ArcelorMittal, it said on Monday June 3.

The value of the acquisition was not disclosed.

TrefilUnion is comprised of two plants in Commercy and...

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