Italy’s Marcegaglia aquires Evraz Palini & Bertoli plate mill

摘要

Italy’s Marcegaglia Group has acquired 100% of the equity in re-roller Palini & Bertoli, also located in Italy, from Russia’s Evraz for €40 million ($44 million), the purchasing company said on Wednesday December 4. Palini & Bertoli has capacity for 400,000 tonnes per year of heavy steel plate. After the acquisition, the capacity of Marcegaglia’s steel plate division totals 1 million tpy.