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Acerinox Expands with Haynes International Acquisition

Acerinox (ES:ACX) has released an update.

Acerinox, through its subsidiary North American Stainless, has successfully acquired Haynes International Inc. for approximately $798.7 million. This acquisition strengthens Acerinox’s position in the high-performance alloys sector, with Haynes’ facilities located in Indiana, Louisiana, and North Carolina. The deal has received all necessary approvals, marking a significant expansion for Acerinox in the American market.

For further insights into ES:ACX stock, check out TipRanks’ Stock Analysis page.

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