Voestalpine Böhler Welding, a leading global company in the field of welding technology, acquires a majority stake in the premium welding wire manufacturer ITALFIL S.p.A. The Italian company currently has 110 employees and achieved an annual turnover of EUR 43 million in the past business year. For voestalpine, this acquisition expands the product portfolio, particularly in the semi and fully automated high-quality welding technology sector.
Voestalpine Böhler Welding, a company of the Metal Engineering Division of voestalpine AG, sets new standards worldwide for standard and special welding processes and, as a full-range supplier of welding solutions, offers a unique portfolio of services, welding consumables, accessories, and welding equipment.
"This acquisition brings us a significant step closer to our strategic goal of providing our customers with holistic solutions in the field of welding technology. By supplying ITALFIL S.p.A. with high-quality wire rod from our steel production in the future, we are also enhancing our value chain", said Franz Kainersdorfer, Member of the Management Board of Voestalpine AG and Head of the Metal Engineering Division.