ArcelorMittal (MT) Buys Italpannelli's Italy & Spain-Based Units

ArcelorMittal S.A.'s (MT) construction arm, ArcelorMittal Construction, has closed the acquisition of Italpannelli SRL in Italy and Italpannelli Iberica in Spain. This is ArcelorMittal's second acquisition of Italpannelli businesses, following its purchase of Italpannelli Germany near Trier in March 2023.Italpannelli manufactures lightweight insulation panels for roofs and facades. It has two production units in Europe — Zaragoza (Spain) and Abruzzo (Italy). The two plants operate seven production lines wit ...