T.A.S. Overseas Investments Limited acquired additional 21.35% stake in TransAnt GmbH from Voestalpine AG and Rail Cargo Austria AG.
April 26, 2024
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T.A.S. Overseas Investments Limited acquired additional 21.35% stake in TransAnt GmbH from Voestalpine AG (WBAG:VOE) and Rail Cargo Austria AG on April 26, 2024.
T.A.S. Overseas Investments Limited completed acquisition of additional 21.35% stake in TransAnt GmbH from Voestalpine AG (WBAG:VOE) and Rail Cargo Austria AG on April 26, 2024.
Voestalpine AG is one of the European largest steel makers. Net sales break down by family of products as follows:
- flat steel (32.6%): hot and cold laminated steel, galvanized steel, sheet metal, etc.;
- long steel (21%): steering systems, rods, non-welded tubes, etc.;
- special steel (18.9%);
- steel components (18.6%);
- other (8.9%).
Net sales break down by market into automotive (31.6%), oil industry (15.4%), rail transportation (10.3%), construction (10.1%), civil and mechanical engineering (10%), household appliances (4.4%), aerospace (2.2%) and other (16%).
Net sales are distributed geographically as follows: Austria (7.5%), Europe (54.5%), North America (17.2%), Asia (6.9%), South America (4.6%) and others (9.3%).
VOESTALPINE AG 
