Turkish pipe producer Borusan Mannesmann has announced that its US-based subsidiary Borusan Mannesmann Pipe US Inc. will acquire Berg EUROPIPE Holding Corporation, US-based pipe producer subsidiary of Germany-based Europipe GmbH.
The parties signed a non-binding agreement on March 2. Negotiations are ongoing for a binding agreement.
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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