Böhler-Uddeholm : History, Former Böhler-Uddeholm AG companies Wikipedia, the free encyclopedia

Böhler-Uddeholm

Austrian company specialised in producing tool steel and special forgings

Böhler-Uddeholm AG

Company type	Wholly owned subsidiary
Industry	steel
Founded	1991
Headquarters	Vienna, Austria
Key people	Franz Rotter, CEO
Products	steel products, tool steel
Revenue	€4.6 billion (2007)
Owner	voestalpine
Number of employees	15,453 (2007)
Website	www.bohler-uddeholm.com

Böhler-Uddeholm is an Austrian company specialized in producing tool steel and special forgings. It was formed in 1991 as a result of a merger between the Austrian parastatal Böhler and Uddeholms AB of Sweden. The company has production sites in Austria, Germany, Sweden, Brazil, Belgium, Turkey, China, United States and Mexico. As of September 2008, it is a wholly owned subsidiary of voestalpine.

History

Böhler-Uddeholm was listed on the Vienna Stock Exchange between 10 April 1995 and 5 September 2008. In April 2007, voestalpine AG made a takeover offer for Böhler-Uddeholm - the bid was accepted by a majority of shareholders in June of that year. voestalpine completed a squeeze out of Böhler-Uddeholm's remaining shareholders in September 2008 to gain complete control. The former Böhler-Uddeholm divisions "Precision Strip" and "Welding Consumables" were transferred to other divisions within the voestalpine group. The remaining "High Performance Metals" "Forging" divisions were merged and became the fifth division, "Special Steel", of voestalpine AG.