Böhler-Uddeholm - AbsoluteAstronomy.com

Böhler-Uddeholm is a large Austria

Austria

Austria , officially the Republic of Austria , is a landlocked country of roughly 8.4 million people in Central Europe. It is bordered by the Czech Republic and Germany to the north, Slovakia and Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the...

n company specialised in producing tool

Tool

A tool is a device that can be used to produce an item or achieve a task, but that is not consumed in the process. Informally the word is also used to describe a procedure or process with a specific purpose. Tools that are used in particular fields or activities may have different designations such...

steel

Steel

Steel is an alloy that consists mostly of iron and has a carbon content between 0.2% and 2.1% by weight, depending on the grade. Carbon is the most common alloying material for iron, but various other alloying elements are used, such as manganese, chromium, vanadium, and tungsten...

and special forgings. It was formed in 1991 as a result of a merger between the Austrian parastatal

Government-owned corporation

A government-owned corporation, state-owned company, state-owned entity, state enterprise, publicly owned corporation, government business enterprise, or parastatal is a legal entity created by a government to undertake commercial activities on behalf of an owner government...

Böhler and of Uddeholms AB

Uddeholms AB

Uddeholms AB is a multinational producer of high alloyed tool steel with production in Hagfors, Sweden. Since 1991, the company is part of the Austrian Böhler-Uddeholm group which in turn is part of the voestalpine AG group since 2007. Uddeholms AB has 800 employees in Sweden...

of Sweden

Sweden

Sweden , officially the Kingdom of Sweden , is a Nordic country on the Scandinavian Peninsula in Northern Europe. Sweden borders with Norway and Finland and is connected to Denmark by a bridge-tunnel across the Öresund....

. The company has production sites in Austria

Austria

, Germany

Germany

Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...

, Sweden

Sweden

, Brazil

Brazil

Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...

, Belgium

Belgium

Belgium , officially the Kingdom of Belgium, is a federal state in Western Europe. It is a founding member of the European Union and hosts the EU's headquarters, and those of several other major international organisations such as NATO.Belgium is also a member of, or affiliated to, many...

, Turkey

Turkey

Turkey , known officially as the Republic of Turkey , is a Eurasian country located in Western Asia and in East Thrace in Southeastern Europe...

, China

China

Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...

, USA and Mexico

Mexico

The United Mexican States , commonly known as Mexico , is a federal constitutional republic in North America. It is bordered on the north by the United States; on the south and west by the Pacific Ocean; on the southeast by Guatemala, Belize, and the Caribbean Sea; and on the east by the Gulf of...

. As of September 2008 it is a wholly owned subsidiary

Subsidiary

A subsidiary company, subsidiary, or daughter company is a company that is completely or partly owned and wholly controlled by another company that owns more than half of the subsidiary's stock. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a...

of voestalpine

Voestalpine

Voestalpine AG is an international steel company based in Linz, Austria. The company is active in steel, automotive, railway systems, profilform and tool steel industries....

History

Böhler-Uddeholm was listed on the Vienna Stock Exchange between 10 April 1995 and 5 September 2008. In April 2007, voestalpine AG

Voestalpine

Voestalpine AG is an international steel company based in Linz, Austria. The company is active in steel, automotive, railway systems, profilform and tool steel industries....

made a takeover offer for Böhler-Uddeholm - the bid was accepted by a majority of shareholders in June of that year. voestalpine completed a squeeze out

Squeeze out

Squeeze out is a term referring to the compulsory acquisition of the stakes of a small group of shareholders from a joint stock company by means of cash compensation.-Germany:...

of Böhler-Uddeholm's remaining shareholders in September 2008 to gain complete control. The former Böhler-Uddeholm divisions "Precision Strip" and "Welding Consumables" were transferred to other divisions within the voestalpine group. The remaining "High Performance Metals" "Forging" divisions were merged and became the fifth division, "Special Steel", of voestalpine AG.

External links

Official site

Former Böhler-Uddeholm AG companies

Division Welding Consumables

Division Precision Strip

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