

Company overview
Erasteel is a global leader in the conventional and powder metallurgy of high-speed steels used for high performance machining, drilling and cutting tools.
The business has also unique metal recycling activities in Europe, offering sustainable solutions for the recovery of batteries, catalysts and metals.
Erasteel serves its global customers in the aerospace, automotive and industrial sectors across its six sites in France, Sweden, and China.
Transaction description
Corporate carve-out from Eramet SA
Completed on June 30, 2023
News
Find the press release here

Industry
Industrials
Revenues
275m
Employees
860
Transaction type
Carve-out
Investment date
June 2023