Vesuvius acquires Universal Refractories to strengthen own foundry portfolio
Published: Thursday, 02 December 2021
Refractory materials producer Vesuvius has bought United States-based Universal Refractories, a speciality refractory producer, for £42.6 million ($56.7 million), UK-based Vesuvius announced Thursday December 2.
Universal Refractories, based in Pennsylvania, produces
tundish (steel continuous casting) applications, which make up
75% of its sales, and consumable products for the foundry