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  • Ruukki Construction to become a majority shareholder in Piristeel Oy

    SSAB’s subsidiary Ruukki Construction has agreed to acquire a majority holding (67%) in the Finnish company Piristeel Oy. Piristeel Oy’s sales in 2018 were around SEK 200 million (appr. EUR 20m), whereof the majority from Finland. Piristeel Oy is Finland’s leading manufacturer of roof safety products and rainwater systems. The transaction supports Ruukki Construction’s growth strategy for the roofing business, at the same time improving SSAB’s position in the Nordic home market. The transaction is expected to complete in the first quarter of 2019.

    Read more at Ruukki Construction to become a majority shareholder in Piristeel Oy.

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