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...

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