voestalpine Böhler Welding takes over the majority share in the premium welding wire manufacturer ITALFIL S.p.A. The Italian company currently employs 110 people and recently achieved annual sales of EUR 43 million. For voestalpine Böhler Welding, the acquisition is an expansion of the product portfolio, particularly in the partially and fully automated, high-quality area of welding technology.
voestalpine Böhler Welding, a company in the Metal Engineering Division of voestalpine AG, is a full-service provider of welding solutions and offers a portfolio of services, welding consumables, accessories and welding equipment.
“With this acquisition, we are another important step closer to our strategic goal of being able to offer our customers complete solutions in the area of welding technology. We are also deepening the future supply of ITALFIL S.p.A. our value chain with high-quality wire rod from our steel production,” says Franz Kainersdorfer, board member of voestalpine AG and head of the Metal Engineering Division.
Metal Engineering Division
The Metal Engineering Division of the voestalpine Group, with its Railway Systems division, is the global market leader for railway infrastructure systems and signaling technology. With the Industrial Systems division, the division is also the European market leader for quality wire and a global provider of complete welding solutions. Seamless pipes are also delivered all over the world from the Kindberg location in Austria.
The customers come from the railway infrastructure, the oil and gas industry, the mechanical engineering, automotive and construction industries as well as from the renewable energy sector. As part of greentec steel, the Metal Engineering Division is already working and researching intensively on various innovative, climate-friendly technologies and production processes.
In the 2022/23 financial year, the division and its Railway Systems and Industrial Systems business areas generated sales of around 4.3 billion euros, of which over 40% were outside Europe. The division thus generated an operating result (EBITDA) of EUR 586 million and employed around 14,000 people worldwide.
