InVenture has announced sale of the Dneprovskiy Roll Works belonging to Dneprotechservice.
The initial price is $5 million.
The enterprise, founded in 1896, is now one of the largest producers of pig iron rolls for bar, pipe and sheet hot-rolling mills.
The company customers are iron and steel works producing hot-rolled metal.
Rolls are mostly sold to CIS states, as well as to Poland, Italy, Hungary, Romania, Slovakia and the Czech republic.
Annual output is around 12 thousand pig iron rolls. (Ukrainian metal)