Cookson Completes Metallurgica Acquisition
Cookson Group Plc recently announced it has completed the acquisition of Metallurgica Beteiligungsesellschaft mbH, Metallurgica Gesellschaft fur Huttenwerkstechnik mbH & Co. KG, and Metallurgica North America, LP (“Metallurgica”). Headquartered in Germany, Metallugica is a leading supplier of fluxes and will be integrated into Cookson’s Engineered Ceramics division. Fluxes are a range of powders used alongside refractory products in the enclosed continuous casting technology for steel production. In addition to absorbing impurities in the molten steel, these powders also help lubricate the mold and prevent oxidation of the molten steel during the production process.
“Metallurgica’s expertise in fluxes represents an important further addition to our extensive range of steel flow control products and services,” said François Wanecq, chief executive of Engineered Ceramics for Cookson. “This and the recent purchase of SERT, a provider of automation systems for molten metals processes, reflect our strategy of making bolt-on acquisitions to further strengthen our positioning in our core markets.”
For more information, visit www.cooksongroup.co.uk.