Steel News

Acquisition Expands Fives Processing Line Equipment Know-How

1/21/2019 - French industrial machine builder Fives has acquired the cold rolling and strip processing lines business of Spain’s RDI-Met, the company has said.

“The new acquisition will strengthen our engineering capabilities and expertise, broaden a range of solutions for steelmakers, and increase our commercial presence in Europe and South America,” said Guillaume Mehlman, president of Fives' steel and glass division. 

Fives said the acquisition will advance its know-how in regard to certain end-of-line equipment for strip processing lines, color coating lines, and degreasing and pickling equipment.