Industry
Metals & Advanced Metals Manufacturing
Target Company
Universal Refractories, Inc.
Buyer/Investor
Vesuvius plc
Client Description
UK-based Vesuvius plc is a global leader in molten metal flow engineering and technology principally serving the steel and foundry industries. The company’s North American operations include facilities across the U.S., as well as in Canada and Mexico. CEO Patrick André commented on the acquisition, “Universal is a strategically important acquisition for Vesuvius, which significantly expands Vesuvius’ North American presence amongst electric arc furnace steel producers in our focus area of steel tundish applications, while also further strengthening our Foundry business.”