US EditionVoestalpine Sells Its Subsidiary to Us Group
3 Articles
3 Articles
The Lower Austrian subsidiary Böhler Profil with 150 employees goes to Kadant.
The Linz-based steel group Voestalpine separates itself from its subsidiary Böhler Profil, based in Bruckbach, Lower Austria. The US-based company Kadant will take over the plant at Ybbs and its approximately 150 employees. Sales are expected to be completed by March. Linzer has thus completed the portfolio adjustment in the High Performance Metals Division. "As part of the reorganisation of the High Performance Metals Division, it became appare…
Steel Group sells profitable profile specialists because it does not fit strategically to the High Performance Metals Division. The 150 employees are to be taken over by the US company Kadant Inc.
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