Spanish flat products service centre Gonvarri Steel Services has acquired strip and tube manufacturer Flinsa, Kallanish learns from Gonvarri.
“With the acquisition of Flinsa, the company makes a significant step forward in its strategy within the automotive sector and particularly with regard to the penetration in the automotive tube field, reinforcing and complementing our current product portfolio,” says Gonvarri ceo Josu Calvo.
Flinsa is a carbon steel strip, tubes and stainless steel tubes manufacturer based in Ibi, in the area of Alicante. The company exports approximately 30% of its production.
Gonvarri Steel Services owns 41 plants in 17 countries, which process steel for the automotive, road safety and solar energy sectors.