German investor Mutares acquires two of ArcelorMittal’s French wire mills
By IM Staff
Published: Tuesday, 09 July 2019
Mutares has completed the purchase of the TrefilUnion wire products mills in France for an undisclosed sum. The mills are a “perfect” fit, the Mutares CEO said.
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 has plants in Commercy and
Sainte-Colombe-sur-Seine, both...