Sidenor buys Spanish automotive component supplier MCD

Spanish special steelmaker Sidenor has acquired Mecanizados de Cremalleras de Dirección (MCD), a Basque company specialising in car components, Kallanish understands.

“The deal ensures us to increase our presence in the automotive market by offering a wider range of high added value products, such as vehicle steering systems” Sidenor says.

MCD has been present in the market for 25 years and is bussines is focused on the transformation of steel bars for steering racks through various cutting and machining processes.

Todor Kirkov Bulgaria