Roba Holding B.V. agreed to acquire Plate Service Center in Aalten from Outokumpu Oyj (HLSE:OUT1V) on June 27, 2022. All the employees, management and operations in Aalten will be part of the deal and transfer to Roba Metals. The transaction is expected to complete in approximately 1-3 months.

Ernst & Young Global Limited acted as financial advisor to Outokumpu Oyj.