Home RHI Magnesita NV

Tag: RHI Magnesita NV

Post
RHI Magnesita Acquires Turkish Refractories Producer for EUR 38.8m

RHI Magnesita Acquires Turkish Refractories Producer for EUR 38.8m

RHI Magnesita NV acquires 85.22% stake in SORMAS Sogut Refrakter Malzemeleri AS, a Turkish producer of refractories for a consideration of EUR 38.8m. The acquisition will expand RHI Magnesita’s locally manufactured product portfolio and serve as a production hub and platform for business growth in Turkey and the wider region, the company said.