Worthington Steel to acquire controlling equity stake in Italy-based Sitem Group; electric steel laminations
06 December 2024
Worthington Steel has reached an agreement to acquire, through its subsidiary Tempel Steel Company, a controlling equity stake in Italy-based Sitem S.p.A. (together with its subsidiaries, Stanzwerk AG, Decoup S.A.S. and Sitem Slovakia spol. s r.o., Sitem Group). Sitem Group produces electric motor laminations and accessory products for automotive and... Read more →