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