Swiss Steel is selling its entire subsidiary in Brazil
- Brazilian steel distributor Aços F. Sacchelli Ltda. The company announced the signing of an agreement to acquire 100% of the shares of Swiss Steel do Brasil Indústria e Comércio de Aços Ltda. (Swiss Steel Brazil), a subsidiary of Swiss steel manufacturer Swiss Steel Group. Financial details of the agreement announced by Asos F. Sacchelli on August 2, 2026, was not disclosed. The acquisition is expected to be completed after certain closing conditions have been met. Commenting on the acquisition, Aços F. Sacchelli CEO Wagner Sacchelli said: "This acquisition is an important milestone not only for Sacchelli, but also for the national industry." Sacchelli noted that this association will combine the experience of Aços F. Sacchelli in the field of mechanical structural steels with the experience of Swiss Steel in Brazil. Experience working with tool steels. He added that the company's goal is to provide customers with a broader range of solutions . . Swiss Steel Brazil is one of the leading suppliers of tool and specialty steel in the Brazilian market. The company's product range includes tool steel, high-speed steel and various special steel grades. These products are mainly used in the manufacture of tools and dies, as well as in mechanical processing, including the manufacture of molds, punches, injection molding molds and machine tool components. The parties did not disclose the value of the transaction. The acquisition is expected to be completed after the specified conditions are met, however, no additional information has yet been provided on the timing of integration or possible changes to the product range., , , ,
, Author:, Editorial staff of SteelRadar,
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