ArcelorMittal CLN Distribuzione Italia Srl: sale of 70% of the French company AcierPlus s.a.s.

06/22/2022

On June 21st, 2022 ArcelorMittal CLN signed the sale of its 70% shareholding in the French company AcierPlus s.a.s.

AcierPlus s.a.s. is a French joint stock company with operations in 2 sites: Hericourt and Ancenis. The company is mainly performing cutting, shaping and welding services on steel products. Main customers are active in the lifting, railway and construction equipment markets.

ArcelorMittal CLN sold 45% of the shareholding to Mr. Angelo Cazzolla, manager of the company and already holding 30% of the shareholding in AcierPlus, and the remaining 25% to MA S.r.l., company belonging to the CLN Group.