GIFA 2019: RHI Magnesita’s Borgas expects further M&A activity in refractories
Published: Wednesday, 03 July 2019
The chief executive of major refractories producer RHI Magnesita says that consolidation in the industry is likely to continue.
The refractories industry will continue to consolidate, and
more mergers and acquisitions will lead to there being fewer
and larger market participants, RHI Magnesita chief executive
officer Stefan Borgas said at the GIFA and Metec trade show in
Dusseldorf, Germany, last week.
"Bigger entities must be formed," Borgas told