Austrian steelmaker voestalpine AG has announced that its metal forming division voestalpine Rotec GmbH has acquired the KTL facilities of the Romanian coating company Barum Technik based in Timişoara. Henceforth, Barum Technik will operate as voestalpine Rotec Coating SRL with a staff of around 160 employees. The acquisition in the coating sector represents a lengthening of the voestalpine Rotec value chain.
Voestalpine Rotec GmbH and Barum Technik have already cooperated closely over the past eight years in the coating of tube components.