Elmet signs deal for ams OSRAM’s tungsten and molybdenum operations
Pulse2 says the agreement covers manufacturing assets in Schwabmünchen, Bavaria, and was signed through Elmet Technologies GmbH, Elmet’s newly formed German subsidiary.
TLDR
The Elmet Group has signed a definitive agreement to acquire ams OSRAM’s tungsten and molybdenum manufacturing assets in Schwabmünchen, Germany, Pulse2 reports. The deal is through its newly formed subsidiary, Elmet Technologies GmbH. The report says the acquisition would establish Elmet’s first refractory-metals manufacturing operation in the European Union.
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