RHI Takes Over Swiss Stopinc AG

Businessn.a. ♦ Published: January 18, 2012; 13:43 ♦ (Vindobona)

The Austrian producer of refractory takes over refractory specialty producer Stopinc AG. RHI thus increase the stake held from 50% to 100%.

RHI Takes Over Swiss Stopinc AG / Picture: © RHI AG

RHI AG, the global supplier of refractories, has taken over 100% of Stopinc AG on January 18, 2012. Stopinc AG produces and sells refractory special products for the usage in the iron and steel industry. Previously RHI AG held a 50% stake in the Swiss company.  
With this takeover, RHI AG strengthens the Flow Control segment, which covers the regulated flow of liquid steel and…