voestalpine takes over welding wire manufacturer from Italy

voestalpine takes over welding wire manufacturer from Italy

voestalpine announced this on Tuesday. Italfil employs 110 people and recently had a turnover of 43 million euros. “With this acquisition, we are another important step closer to our strategic goal of being able to offer our customers complete solutions in the area of ​​welding technology,” says Franz Kainersdorfer, Head of the Metal Engineering Division. Böhler Welding set global standards for standard and special welding processes.

A purchase price was not mentioned. The Metal Engineering Division supplies customers in the railway, oil and gas, mechanical engineering, automotive and construction industries. The division had sales of around 4.3 billion euros in the 2022/23 financial year, with an operating result (Ebitda) of 586 million euros, and employed around 14,000 people worldwide.

Group-wide there were sales of 18.2 billion euros and 51,200 employees.

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