Other news

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

June 18, 2019 17:00 CEST
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.

Attachments

Category and tags

Related articles

Jan 30Other news
SSAB Zero

SSAB and JTK Power have jointly developed the world’s first marine industry engine silencer made from low-emission SSAB Zero™ steel.

Jan 30Steel Pile News

SSAB’s Steel Pile Day once again brought together nearly 300 industry professionals to discuss current themes in steel piling, future solutions, and practical experiences. The event demonstrated how...

Jan 28Regulatory press releases
Q4
Investors
Financial statement

The fourth quarter · Revenue was SEK 22,106 (23,615) million · Operating result was SEK 756 (487) million · Earnings per share were SEK 0.44 (0.48) · Net cash was SEK 11.6 (17.8) billion ·...