22
Nov 16

Press release: Novembre 22 - 2016 Acquisition of the Company Novacciai S.p.A. -

We are pleased to inform you that on November 11th, 2016 ORI Martin group has fully acquired the Company Novacciai S.p.A. based in S. Pietro Mosezzo (No) that is specialized in bright products – drawn, peeled, ground – mainly for engineering and automotive sectors.

This operation, within ORI Martin group strategy, has been made in view of a further vertical integration and it fits and completes Trafilati Martin S.p.A. activity, with a more than confident hope of a constant growth path.

For Novacciai be part of ORI Martin group means to strengthen and to improve further its position in a development view, by taking advantage from new synergies thanks to a solid commercial partnership already in place since a long time and by keeping a vision strongly oriented to customer needs for products in alloy, carbon and stainless steels with the following features:

- drawn bras, size range 3 to 70 mm
- peeled bars, size range 14 to 200 mm
- ground bars, size range 3 to 200 mm

For Trafilati Martin it means to widen its product portfolio in bright conditions and to be on the market with a renewed and stronger enthusiasm, with the confidence that this operation will result also as a benefit to our most valuable customers

Brescia, November 22nd 2016