ArcelorMittal CLN acquires Ciocca Lamiere

03/31/2016

Exactly one year after its foundation, ArcelorMittal CLN has acquired today 100% of the Ciocca Lamiere S.r.l. company with headquarters in Arcore, Italy.

Ciocca Lamiere is a service center for the pre-processing of coils, which began its business in 1960, located in the industrial area of Arcore (Italy), on an area of about 20,000 sqm. The plant is strategically positioned from a logistic point of view, in one of the industrial areas where consumption is highest. The company processes steels with low carbon content, both hot rolled pickled, and cold-rolled and coated (galvanized, electrogalvanized, aluminized, prepainted), turning them into sheets, tapes, strips and squares.

Ciocca Lamiere enters ArcelorMittal CLN with its own production assets and marketing placement. The grounds are excluded, being of property of the Ciocca Family.

Through this transaction, ArcelorMittal CLN strengthens its leadership on the domestic market, in view of the current process of consolidation.

 

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