Business
Completion of the acquisition of CCPI Inc
Completion of the acquisition of CCPI Inc.
About this update from Vesuvius Plc
[{"type":"text","content":"\n \nRNS Number : 6593R Vesuvius plc 01 March 2019 \n\n \n \n1 March 2019\nCompletion of the acquisition of CCPI Inc\n \nVesuvius plc, a global leader in molten metal flow engineering and technology, announces that further to the announcement on 28 February 2019, it has completed the acquisition of CCPI Inc, a specialty refractory producer focused on tundish (steel continuous casting) applications and aluminium.\n\n\n\n\n \nFor further information, please contact:\n \n\n\n \n\n\n\n\nShareholder/analyst enquiries:\n\n\n \n\n\n \n\n\n\n\nVesuvius plc \n\n\nPatrick André, Chief Executive\n\n\n+44 (0) 207 822 0000\n\n\n\n\n \n\n\nGuy Young, Chief Financial Officer\nEuan Drysdale, Group Head of Corporate Finance\nVirginia Skroski, Investor Relations Manager\n\n\n+44 (0) 207 822 0000\n+44 (0) 207 822 0027\n+44 (0) 207 822 0016\n\n\n\n\n \nMedia enquiries:\n\n\n \n\n\n \n\n\n\n\nMHP Communications\n\n\nAndrew Jaques / Ollie Hoare / Pete Lambie\n\n\n+44 (0) 203 128 8570\n\n\n\n\n \n \nAbout Vesuvius plc\nVesuvius is a global leader in molten metal flow engineering and technology principally serving the steel and foundry industries. We develop innovative and customised solutions, often used in extremely demanding industrial environments, which enable our customers to improve their manufacturing processes, enhance product quality and reduce costs. These include flow control solutions, advanced refractories and other consumable products and increasingly, related technical services including data capture. We have a worldwide presence. We serve our customers through a network of low-cost manufacturing plants located close to their own facilities, and embed our industry experts within their operations, who are all supported by our global technology centres. Our core competitive strengths are our market and technology leadership, strong customer relationships, well established presence in developing markets and our global reach, all of which facilitate the expansion of our addressable markets. Our ultimate goal is to create value for our customers, and to deliver sustainable, profitable growth for our shareholders giving a superior return on their investment whilst providing each of our employees with a safe workplace where he or she is recognis...