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02 Apr
09:49

Feralpi gets competition authority approval to buy Caleotto

Italian-headquartered long products supplier Feralpi has received clearance from anti-trust authorities to complete the acquisition of Duferco Italia Holding’s stake in the Caleotto wire rod mill. The holding owns a 50% shareholding in the northern Italian mill. Feralpi has been sharing control of the mill with Duferco for the last five years on a 50:50 basis. Giovanni Pasini and Lorenzo Angelini will be president and ceo respectively of Caleotto’s new…
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