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Novastilmec and Danieli joined forces in finishing lines

Italy-based Novastilmec and Danieli have signed a new cooperation agreement. Under the agreement, Danieli acquired 30% of Novastilmec’s shares.

Novastilmec and Danieli joined forces in finishing lines

Founded in 1978 and operating in Garbagnate Monastero near Lake Lecco, Novastilmec stands out as a company specialized in high-performance processing lines for steel, aluminum, brass, copper, and titanium sheet strips.

The partnership will provide Novastilmec with the opportunity to expand its business volume, while also contributing to Danieli’s enrichment of its product portfolio in the finishing segment for flat steel and non-ferrous products.

Through this cooperation, the two companies aim to expand activities targeting sub-service centers worldwide and to bring more slitting and cut-to-length lines with Italian technology into operation.

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