ArcelorMittal and Italy's CLN Group’s ArcelorMittal CLN Distribuzione Italia has sold 70% shares of French steel distribution company AcierPlus. 45% of shares were sold to AcierPlus Manager Mr Angelo Cazzolla, who already held 30% of AcierPlus shares. The remaining 25% were purchased by MA Srl, a company belonging to the CLN Group.AcierPlus is a French joint stock company with operations in 2 sites: Hericourt and Ancenis. The company is mainly performing cutting, shaping and welding services on steel products. Main customers are active in the lifting, railway and construction equipment markets.ArcelorMittal CLN had acquired AcierPlus back in 2016.ArcelorMittal CLN ships around 1 million tonnes of steel products annually.
ArcelorMittal and Italy's CLN Group’s ArcelorMittal CLN Distribuzione Italia has sold 70% shares of French steel distribution company AcierPlus. 45% of shares were sold to AcierPlus Manager Mr Angelo Cazzolla, who already held 30% of AcierPlus shares. The remaining 25% were purchased by MA Srl, a company belonging to the CLN Group.AcierPlus is a French joint stock company with operations in 2 sites: Hericourt and Ancenis. The company is mainly performing cutting, shaping and welding services on steel products. Main customers are active in the lifting, railway and construction equipment markets.ArcelorMittal CLN had acquired AcierPlus back in 2016.ArcelorMittal CLN ships around 1 million tonnes of steel products annually.
