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ELG Utica acquires ABS shares

Germany – ELG Utica Alloys International, the superalloys division of Germany’s ELG Haniel Group, has acquired all the shares of ABS Industrial Resources, a UK specialist in the sourcing, processing and supply of primary and secondary alloys.

ABS will continue to operate independently under the management of existing directors Mark Ridgeway, Andrew Jones and Richard Hannam. The head of ELG’s superalloys division, Dimitrij Orlov, will take a seat on the ABS board along with Mark Johnson, head of ELG Utica’s branch in the UK.

‘While strengthening the development and expansion of the business worldwide, ELG Utica will continue to provide high-quality service to customers,’ the company has stated.

ELG Utica currently operates from more than 40 locations in North America, Europe, Asia and Australia, with its interests focused largely on stainless steel, titanium and superalloys.

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