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Schmolz+Bickenbach announces EU expansions

Monday, 20 August 2007 14:16:22 (GMT+3)   |  
Germany-based Schmolz+Bickenbach AG has announced the signing of a contract with the owners of Boxholm Stal AB, Boxholm, Sweden for the acquisition of their company. However, the acquisition price has not yet been disclosed. The Swedish company is one of Scandinavia's market leaders for bright steel and processes about 40,000 tons of steel a year.

In addition, Schmolz+Bickenbach AG has also revealed that it has come to terms with the owners of Especial S.L., Barcelona, Spain for the acquisition of this company, which has been the distribution organization of Steeltec AG, Emmenbrücke for high-grade steel products in Spain.


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