August 30, 2016 3:58 PM ET

Metals and Mining

Company Overview of Marcegaglia SpA

Company Overview

Marcegaglia SpA manufactures and sells stainless and carbon steel products. Its stainless steel products include hot rolled and cold rolled coils and sheets; and welded tubes, bright bars, flat bars, cold formed sections, and cold-drawn bars. The company also offers pickled, cold rolled, and hot dip galvanized coils and strips; oscillated wound coils; sheets; pre-painted steel coils, strips, and sheets; carbon steel and cold-drawn welded tubes; refrigeration tubes; carbon steel cold-drawn bars; and heavy plates. In addition, it provides construction equipment, metal building envelopes, insulated panels for sectional doors, guardrails, condensers, evaporators, metal handles, electromechanical...

via Bresciani 16

Gazoldo Ippoliti, MN 46040

Italy

Founded in 1959

Phone:

39 03 766851

Fax:

39 0376 68 56 00

Key Executives for Marcegaglia SpA

Chairman and Chief Executive Officer
Age: 52
Vice Chairman and Chief Executive Officer
Age: 51
General Manager
Compensation as of Fiscal Year 2016.

Marcegaglia SpA Key Developments

ArcelorMittal Confirms Intent To Acquire Ilva; Plans To Jointly Bid With Marcegaglia

ArcelorMittal (ENXTAM:MT) has confirmed its intent to acquire ILVA S.p.A. ArcelorMittal intends to submit a join bid with Marcegaglia SpA. As stated by a spokesperson from ArcelorMittal, the consortium of ArcelorMittal and Marcegaglia wish to fully acquire the steel-making business of ILVA, and were not interested in a piecemeal acquisition.

Arcelor Mittal And Marcegaglia To Bid For ILVA If CDP Joins

ArcelorMittal (ENXTAM:MT) and Marcegaglia SpA are ready to bid for ILVA S.p.A. if Cassa depositi e Prestiti S.p.A. comes in with them. If CDP agrees to join, the remainder of the consortium will be 85% Arcelor Mittal and 15% Marcegaglia, they said. The two groups had talks with CDP outlining their plans. They said they would make a binding offer by an end-May 2016 deadline if the government bank comes into a three-way consortium.

Investors Shortlisted For Second Phase Of Bidding For ILVA

Certain investors have reportedly qualified for the second phase of the bidding process to acquire ILVA S.p.A. The investors include Companhia Siderúrgica Nacional, ArcelorMittal (ENXTAM:MT), Marcegaglia SpA, ERP Compliant Fuels, LLC, Cassa depositi e Prestiti S.p.A., Eusider SpA, Gruppo Amenduni Acciao Group, Trasteel International SA and Finarvedi S.p.A. Out of all, ArcelorMittal and Companhia Siderúrgica Nacional will be allowed to carry out due diligence at Ilva. A binding offer must follow, sources familiar with the matter were quoted by Reuters as saying. A deal is expected by June 30, 2016.

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Recent Private Companies Transactions

Type
Date
Target
Private Placement
December 23, 2015
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