Salzgitter Group expands European trading network
17 January 2020
Salzgitter Mannesmann Staalhandel B.V., a Group company of Salzgitter AG, took over heavy plate specialist trading company Statendam Steel Plates B.V. effective December 31, 2019. Both companies operate out of Oosterhout/Netherlands.
Statendam Steel Plates B.V. was founded in 2000 and was formerly 100 % privately owned. It supplies companies in the Netherlands in the sectors of construction, trading, boiler manufacturing, mechanical engineering, metalworking, offshore and ship building.
The acquisition enables Salzgitter Mannesmann Staalhandel B.V. to extend its product portfolio and strengthen its market presence in the Netherlands. The company is part of the international trading organization of Düsseldorf-based Salzgitter Mannesmann Handel GmbH that heads up the Trading Business Unit within the Salzgitter Group.
The parties have agreed to keep the purchase price confidential.
More information is available at: https://www.salzgitter-mannesmann-handel.com