9,420.42 TRY BIST 100 BIST 100
4.79 CNY CNY CNY
34.40 USD USD USD
36.34 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
42.75 TRY Interest Interest
71.81 USD Fossil Oil Fossil Oil
30.38 USD Silver Silver
4.10 USD Copper Copper
98.18 USD Iron Ore Iron Ore
375.00 USD Shipbreaking Scrap Shipbreaking Scrap
2,835.93 TRY Gold (gr) Gold (gr)

GMH Gruppe Acquires Kind & Co.

Germany-based GMH Gruppe has acquired Kind & Co., a specialist in high-alloy steel production, various tool steels, and special alloys, significantly strengthening its position in the tool steel market. GMH Gruppe announced it has taken over all shares of Kind & Co.

GMH Gruppe Acquires Kind & Co.

Kind & Co.'s expertise in various tool steels and special alloys will complement GMH Gruppe's existing product range, offering customers a wider selection. The acquisition also aims to significantly improve customer service and expand the product portfolio, allowing entry into new market segments.

GMH Gruppe CEO Alexander Becker stated that the merger with Kind & Co. aligns with the company's long-term strategic goals and will directly enhance customer satisfaction. Becker noted that Kind & Co.'s expertise and market knowledge will enable GMH Gruppe to more effectively reach target markets and increase its competitiveness.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

voestalpine performed strong in H1 2024/25 despite the challenging economic conditions

Thursday, November 14, 2024

GMH Gruppe aims for climate neutrality in steel production

Saturday, November 16, 2024

Swiss Steel Group plans capacity adjustments

Friday, November 15, 2024

Asian ship recycling countries strengthen efforts to comply with Hong Kong Convention

Wednesday, November 13, 2024

SSAB's green steel to be used in shipbuilding at Norway Salthammer

Thursday, November 14, 2024
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now