December 9, 2019

Marcegaglia acquires Palini & Bertoli

Marcegaglia, the leading industrial group worldwide in the steel processing sector with a turnover of more than 5.3 billion euros and 5.8 million tons of steel processed yearly, through Marcegaglia Plates, the company dedicated to heavy quarto plates rolling, finalised the purchase of 100% of the capital of Palini & Bertoli from the Russian company Evraz.

Palini & Bertoli Srl is an important company in the sector, with a production capacity of 500,000 tons per year, developed on a wide qualitative and dimensional range.

The new acquisition, which is part of the strategy to strengthen its presence on the European market, will lead the Marcegaglia to be one of the leading players in heavy quarto plates rolling, with a total production of 1 million tons per year.