Just as in previous business years, the voestalpine Group’s acquisition activities in the business year 2017/18, too, were subject to tight limits. In most cases, strategically meaningful acquisitions failed in the face of purchase price demands which were untenable due to the extremely low interest rate environment.
Against this backdrop, in the past business year solely the Metal Forming Division carried out a noteworthy acquisition, specifically, by means of an asset deal. Under this deal, voestalpine Rotec GmbH took over the coating facilities of BARUM Technik, a Romanian company headquartered in Timisoara, Romania. BARUM has been a partner of voestalpine Rotec GmbH for many years in the field of cathodic dip-coating (CDC). By carrying out the coating process itself from now on, the voestalpine Rotec Group is adding yet another step to its value chain.