Interpipe, a leading global producer of steel pipes and railway products, is pleased to announce the closure of the transaction to acquire the ArcelorMittal Tubular Products (AMTP) facility in Roman, Romania effective as of March 31.
The transaction marks a significant milestone in Interpipe’s strategy to expand its European footprint and strengthen its position in key regional markets.
The AMTP Roman facility is a well-established producer of seamless pipes, serving customers across Europe and beyond. By integrating this asset into its operations, Interpipe aims to enhance its production capabilities, improve supply chain efficiency, and deliver greater value to customers.
This acquisition brings multiple advantages for both Interpipe and the Roman facilities’ customers:
– Enhanced European Presence: the addition of the Romanian facility strengthens Interpipe’s local manufacturing base within the European Union;
– Improved Supply Chain Resilience: customers will benefit from a more diversified and reliable supply network;
– Operational Synergies: combining Interpipe’s technological expertise and integrated steel production with Roman’s established operations is expected to drive efficiency, optimize production processes, and enhance overall product quality;
– Sustained Customer Relationships: existing customers can expect continuity in service, with additional support from Interpipe’s global network, technical expertise, and customer-focused approach.
Luca Zanotti, CEO of Interpipe, commented: “This acquisition represents a significant milestone in Interpipe’s long-term growth strategy. The Roman facility is our first manufacturing platform within the European Union and internationally, marking a historic step in our development. It perfectly complements our vertically integrated, value-added operations in Ukraine, strengthening both our geographical diversification and technological integration. As Ukraine continues its steady path toward full EU membership, Interpipe is actively contributing to this integration in practice – bringing the Roman facility into our global network to better serve customers with high-quality products, reliable delivery, and expanded capabilities. We welcome the Roman team members to the Interpipe family and are committed to ensuring a smooth transition while building on the strong foundation they have established”.
Interpipe looks forward to welcoming the employees of the Roman facility and working together to drive future growth, innovation, and customer success.
All customary closing conditions, including the receipt of required antitrust and foreign direct investment approvals by Ukrainian and Romanian public authorities, have been met.
Roman mill, established in 1951, is a major Romanian manufacturer of 168.3-406.4 mm seamless steel pipes for energy, construction and industry applications, linepipes for onshore/offshore projects, as well as historically producing casing and tubing for oil & gas (OCTG). (Interpipe)