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Ovako Group history
Ovako Group company history timeline
In May 2005, Ovako was established by merging Fundia, Ovako Steel and Imatra Steel.
In 2006 the next major investment decision was taken.
A 1200 mm drawing machine with nine blocks was put into operation in spring 2007.
In 2007 the company celebrates its 100th anniversary.
In September 2010 the Jersey-based venture capital company TRITON became the owner of Ovako.
Pampus Stahlbeteiligungs was owned by Werner Pampus and his family.In September 2010, Ovako was acquired by investment firm Triton.
In 2012 the steelworks in Koverhar and the rolling mill in Dalsbruk went into bankruptcy, as did Homberg Holdings.
In June 2017 Hjulsbro’s biggest ever investment was opened: a new big drawing machine, a big 7-wire strand machine and an extruder line that gave Hjulsbro a new product – HDPE-coated strand.
In June 2018, Nippon Steel Corporation, a global market leader in steel production with world-leading technology and production capacity, acquired Ovako.
In March 2019, Sanyo Special Steel, a global market and technology leader in high-quality special steel, and a member of Nippon Steel Corporation group, a leading steel producer in the world, acquired Ovako.
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Zippia gives an in-depth look into the details of Ovako Group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Ovako Group. The employee data is based on information from people who have self-reported their past or current employments at Ovako Group. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Ovako Group. The data presented on this page does not represent the view of Ovako Group and its employees or that of Zippia.
Ovako Group may also be known as or be related to Ovako, Ovako Group and Ovako North America, Inc.