Primetals expands its portfolio by acquiring torch-cutting technology assets

Thursday, 07 September 2023 12:12:31 (GMT+3)   |   Istanbul

UK-based plantmaker Primetals Technologies has announced that it has acquired torch-cutting technology assets from Spain-based TCT Torch-Cutting Technology Company.

The given assets will allow Primetals to fully integrate torch-cutting technologies not only into the continuous casting segment but also into the wider range of automation solutions for casting and its comprehensive scope of metallurgical services, and to expand its portfolio, which will be particularly useful for new, demanding projects.

In addition, the company has signed a long-term service contract with TCT personnel.

Tags: UK Europe M&A 
DamlaTükenmez
Damla Tükenmez
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I graduated from the Department of English Language and Literature at Kocaeli University. Since 2020, I have been producing content focused on the steel industry. At SteelOrbis, I write industry news on a wide range of topics, including EU and UK trade measures, regulatory changes, quota utilization, and the statements and views of organizations representing the Turkish steel sector.

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