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Outokumpu Oyj Conducts Strategic Review of VDM High Performance Alloys Business Unit


Monday, 13 May 2013 04:00am EDT 

Outokumpu Oyj announced that the Company has started a strategic review of its high performance alloys or VDM business unit. During this review, Outokumpu will evaluate strategic options for VDM and consider how best to drive continued growth and profitability for the business, within or outside of Outokumpu. During the review, the VDM unit will continue to operate within Outokumpu. The strategic review is expected to be finalized before the end of 2013. Outokumpu acquired VDM as part of Inoxum in 2012. VDM is a global leader in the market for corrosion and heat resistant high-performance materials, such as nickel, titanium and zirconium alloys. 

Company Quote

5.86
-0.075 -1.26%
27 Feb 2015