VSMPO-Avisma , titanium | 21 September 2010 г. | 14:53

VSMPO-Avisma start acquisition of a ligatures manufacturer

VSMPO-Avisma start acquisition of a ligatures manufacturer
VSMPO-Avisma Corporation has bought 18.98% stocke of Uralredmet company (Sverdlovsk area) and plans to increase its share in its authorized capital stock to a blocking package. Transaction cost has not been disclosed.

VSMPO-Avisma has informed that the given transaction pursues as the aim development of mutually advantageous cooperation with Uralredmet in strategic management, financial and economic activity and the marketing policy.

Uralredmet specializes in manufacturer of ligatures for titanic alloys. These alloys are widely used in aerospace, nuclear, chemical, ship-building and other industries.


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