New Owner for Feralloy, Delta, Infra-Metals

April 2006
Metal Center News;Apr2006, Vol. 46 Issue 4, p10
Trade Publication
The article reports that the TUI AG has sold its PNA Group holdings to Platinum Equity LLC. The PNA Group is comprised of various companies involved in the steel industry. TUI AG, is a primarily a travel and tourism firm in Europe that has been divesting its non-core businesses. Jacob Kotzubel, senior vice president for mergers and acquisitions of Platinum Equity, said that the company's operations expertise will help ensure a smooth transition of the PNA Group from TUI.


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