Regulatory press releases

The acquisition of SSAB HardTech has now been completed

January 05, 2005 10:56 CET 6 min read

At the end of December, Gestamp Automoción received relevant regulatory approval to acquire SSAB HardTech. The transaction was carried out as per the end of 2004 and full payment was received on 4 January 2005. The capital gain is estimated at just over SEK 800 million and will be reported in the financial results for 2004. The Spanish company Gestamp Automoción manufactures and supplies components to the automotive industry, including rear axels, complete door assemblies, switch panels, bumpers, A- and B- pillars and chassis subassemblies. The company has 7,600 employees, and had sales of EUR 1.2 billion in 2003. Public affairs Ulrika Ekström Telephone +46-703-98 54 52

Jan 31 2023

GF Engineering’s tippers lasts up to 20 percent longer with Hardox® 500 Tuf steel

With more than 40 years’ experience in tipper manufacturing, GF Engineering is a market leader in the segment in Malaysia. Since making Hardox® 500 Tuf steel its material of choice, its tippers last longer, weigh less and can handle heavier loads than ever before.

Jan 30 2023

Changes in SSAB’s Group Executive Committee

Jonas Bergstrand, General Counsel at SSAB, has decided to leave SSAB to become General Counsel at Volvo Construction Equipment.

Jan 27 2023

Goodwill impairment during the fourth quarter

SSAB makes an impairment charge of SEK 33.3 billion related to the Group’s total goodwill of SEK 33.6 billion. The impairment is reported as an item affecting comparability in the fourth quarter of 2022 and does not affect cash flow. SSAB has a strong financial position and the ability to pursue its dividend policy is unaffected.

Regulatory press releases

The acquisition of SSAB HardTech has now been completed

Category and tags

Related articles

GF Engineering’s tippers lasts up to 20 percent longer with Hardox® 500 Tuf steel

Changes in SSAB’s Group Executive Committee

Goodwill impairment during the fourth quarter