Investor Presentaiton
2
BORUSAN MANNESMANN: LOCAL PLAYER OF GLOBAL MARKETS
SALZGITTERAG
Stahl und Technologie
BORUSAN
HOLDİNG
( 23
23%
(77%
D
Borusan Mannesmann
Yatırım Holding
BMBYH 73.5%
Float and
Other
26.5%
Borusan Mannesmann Boru San. ve Tic. A.Ş. - BMB
Borusan Mannesmann Pipe
"BM Pipe" - 100%
Borusan Mannesmann
Vobarno Tubi
Borusan Tube Products
"Borusan Tube Romanya"
100%
Borusan Tube International
"Borusan Tube Germany"
100%
"BM Vobarno" - 99%
Borusan Berg Pipe Panama - 100%
Borusan Berg Pipe Mobile - 100%
* Detailed information is available on Berg Pipe Acquisition Presentation at
https://www.borusanmannesmann.com/media/2554/bmb-berg-pipe-acqusition-final-eng.pdf
"
Borusan Mannesman ("BMB"), is among the pioneer manufacturers in Europe's
and the world's steel pipe sector.
Founded in 1958, BMB is the first industrial company of Borusan Group.
In 1994, the Company's shares have been quoted on Borsa İstanbul and since
been trading with BRSAN ticker symbol. (Float: 19.85%)
In 1998, BMB merged its operations in Turkey with Salzgitter Mannesmann
GMBH; the leader steel company in Europe.
In 2001, in line with its strategy to grow in global markets, BMB acquired its first
company abroad in Italy, established its first company in the USA in 2014, and
started an investment in Romania in 2023.
Ultimately, in parallel to its strategy of positioning itself as the "local player of
global markets", BMB acquired 100% of USA originated Berg Europipe Holding
Corp's shares in April 13, 2023, in exchange of $162 million.*
Berg Pipe financials have been consolidated into Borusan Mannesmann's
financial tables as of April 13, 2023.
Borusan Holding signed a share purchase agreement in June 2023 to acquire
23% share of Salzgitter Mannesmann GmbH in BMBYH's capital, for a
transaction price of €52,8 million.
Necessary permissions for the share transfer have been obtained. The
Extraordinary General Assembly Meeting is to convene on
November 21 for the amendment of Articles of Association.
BORUSAN
MANNESMANNView entire presentation