Voestalpine to Take Over Trafilerie di Cittadella S.p.a

IndustrialsIndustrial Goods ♦ Published: June 3, 2013; 15:40 ♦ (Vindobona)

Voestalpine extends its welding technologies product portfolio with an acquisition in Italy.

Voestalpine to Take Over Trafilerie di Cittadella S.p.a / Picture: © Voestalpine AG

The voestalpine Group is driving its growth strategy forward with another acquisition, purchasing the Italian company Trafilerie di Cittadella S.p.a/FILEUR, based in Cittadella. The company is specialized in the production of seamless flux cored wire, employs a staff of around 60 and generated annual revenue of EUR 13.7 million in 2012. For voestalpine, this acquisition represents an…