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Rautaruukki buys Norwegian steel frame company

January 08, 2009 - 11:46 GMT Location: London

KEYWORDS: Rautaruukki , Skalles Eiendomsselskap , frame , Leann MacHale

Finnish steelmaker Rautaruukki has acquired the entire share capital of Norwegian steel frame company Skalles Eiendomsselskap AS from its private owners for an undisclosed sum

This move follows Rautaruukki’s acquisition of Lithuanian steel frame company Gensina at the end of December (MB Dec 30). “The acquisition will strengthen Ruukki's market position in the Nordic...

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