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Voestalpine Buys Italian Drawn Wire Producer

Published: January 12, 2015; 18:00 · (Vindobona)

Voestalpine is expanding its activities in the drawn wire business segment and has completed its acquisition of Italian company Trafilerie Industriali S.p.A. based in Nervesa della Battaglia (Treviso). The acquisition of this Italian manufacturer of special wires brings additional strength to the Voestalpine product portfolio of drawn wire for the automotive industry.

Voestalpine Buys Italian Drawn Wire Producer / Picture: © Voestalpine Trafilerie Industriali S.p.A.

Voestalpine Wire Technology GmbH, a company in the Metal Engineering Division of the Voestalpine Group, has acquired 100% of Italian company Trafilerie Industriali S.p.A., a specialist in the production of drawn wire.

It has a staff of around 80 employees and generated annual revenue of EUR 43.8 million in 2013. In acquiring Trafilerie Industriali S.p.A., Voestalpine Wire…

This article includes a total of 275 words.

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