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SSAB has divested its 25% holding in Heléns Rör AB to BENTELER

June 18, 2019 17:00 CEST 6 min read

SSAB has had a 25% shareholding in Heléns Rör AB in Sweden since 1991, with BENTELER International AG being the majority shareholder with 75% of the shares. SSAB has now divested its 25% shareholding to Benteler.

The change in ownership structure will neither involve operational nor organizational changes to Heléns business and its role in BENTELER Distribution, since it has already earlier been a subsidiary of BENTELER.

The long-term productive, well established business relationship between Heléns and SSAB remains unaffected by this change in ownership and will continue as before. Both companies will continue working together and SSAB remains an important supplier to Heléns. Heléns has some 300 employees in the Nordics.

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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.

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Changes in SSAB’s Group Executive Committee

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SSAB has divested its 25% holding in Heléns Rör AB to BENTELER

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