Roschier represented Outokumpu in the divestment of its remaining Long Products operations in Sweden
Outokumpu has signed an agreement to divest its remaining Long Products business in Sweden to Cogne Acciai Speciali, a world leader in the production of long stainless steels and nickel alloys based in Italy. Roschier advised Outokumpu in the transaction.
The divestment, expected to be completed in a couple of months, is subject to customary closing conditions and regulatory approvals by the competition authorities. The transaction will be carried out as a share sale.