Acquisition Completion-Universal Refractories, Inc

RNS Number : 7170U

Vesuvius plc

06 December 2021

 

6 December 2021

Vesuvius plc

Completion of the acquisition of Universal Refractories, Inc.

Vesuvius plc, a global leader in molten metal flow engineering and technology, announces that further to the announcement on 2 December 2021, it has completed the acquisition of the assets and substantially all of the liabilities of Universal Refractories, Inc. a specialty refractory producer based in Pennsylvania, USA.

For further information, please contact:

Patrick André, Chief Executive	[phone]
Guy Young, Chief Financial Officer	[phone]
Euan Drysdale, Group Head of Corporate Finance	[phone]

About Vesuvius plc

Vesuvius is a global leader in molten metal flow engineering and technology principally serving the steel and foundry industries.

We develop innovative and customised solutions, often used in extremely demanding industrial environments, which enable our customers to improve their manufacturing processes, enhance product quality and reduce costs. These include flow control solutions, advanced refractories and other consumable products and increasingly, related technical services including data capture.

We have a worldwide presence. We serve our customers through a network of low-cost manufacturing plants located close to their own facilities, and embed our industry experts within their operations, who are all supported by our global technology centres.

Our core competitive strengths are our market and technology leadership, strong customer relationships, well established presence in developing markets and our global reach, all of which facilitate the expansion of our addressable markets.

Our ultimate goal is to create value for our customers, and to deliver sustainable, profitable growth for our shareholders giving a superior return on their investment whilst providing each of our employees with a safe workplace where he or she is recognised, developed and properly rewarded.

Vesuvius plc, 165 Fleet Street, London EC4A 2AE

Registered in England and Wales No. 8217766

LEI: 213800ORZ521W585SY02

www.vesuvius.com

 

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