Spanish stainless steel producer Acerinox S.A. announced on September 29 that its shareholders have approved the reorganization of ACERINOX Group through the incorporation of a new society, ACERINOX EUROPA, which will include the activity of stainless steel manufacturing from Campo de Gibraltar Factory and the service centres located in Spain.
After this reorganization, ACERINOX S.A., will have the management and coordination of the different group activities, apart from holding ACERINOX EUROPA shares and those from the rest of group companies located in the five continents.
The registered office will be located in Madrid, sharing the headquarters with the group's parent company, ACERINOX, S.A.