EUR 93m takeover of Seven Refractories completed

Divača, 23 July - Austrian multinational RHI Magnesita has completed its takeover of Seven Refractories, a Slovenian producer of materials resistant to high temperatures. The EUR 93 million contract was signed on Monday and the two companies marked their new chapter on Thursday at Seven Refractories' production hub in Divača, south-west.

Divača
RHI Magnesita CEO Stefan Borgas.
Photo: Bojan Kralj/STA

Divača
Director of Seven Refractories Erik Zobec and RHI Magnesita CEO Stefan Borgas.
Photo: Bojan Kralj/STA

Divača
A ceremony at which Seven Refractories and RHI Magnesita marked the completion of the takeover on 20 July.
Photo: Bojan Kralj/STA

Divača
A ceremony at which Seven Refractories and RHI Magnesita marked the completion of the takeover on 20 July.
Photo: Bojan Kralj/STA

Divača
Director of Seven Refractories Erik Zobec.
Photo: Bojan Kralj/STA

Divača
Divača Mayor Alenka Štrucl Dovgan.
Photo: Bojan Kralj/STA

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