Talgo announced this Wednesday that it had received a letter of expression of interest from the industrial group Sidenor about the total or partial acquisition possible of its share capital. This way, Talgoconfirmed, through the National Securities Market Commission (CNMV), the information on the interest of the steel company.
In a press release that Talgo sent this Wednesday, it indicates “to have received today a letter of expression of interest from the industrial group SIDENOR, in which it says it is considering the total or partial acquisition of the share capital of Talgo. SA”.
Sidenor is a leader in steel production special lengths, as well as a major supplier of calibration products to the European market. It has production centers in the Basque Country, Cantabria and Catalonia and has commercial delegations in Germany, France, Italy and the United Kingdom.
In Europe, its steel production capacity exceeds one million tonnes per year intended mainly for the manufacture of parts and components for the automotive sector, machinery and capital goods, energy, mining, railways and petrochemicals. In all these sectors, Sidenor special steels are used for the manufacture of highly responsible products.
