The tubes story continues
As part of Salzgitter Group both tubes production and Mannesmann companies develop continuously. For example in 2003 the sole ownership of the joint venture DMV Stainless and in 2004 of Röhrenwerk Gebr. Fuchs GmbH was acquired.
In 2005 Mannesmann sold its stake in V&M Tubes and in 2006 in Vallourec. In 2007 Vallourec Prècision Etirage was acquired.
The purpose of such purchases and sales and of the respective restructuring, changes to entity names and investments is to tailor tubes production to current and future market requirements.
Since 2005, the leading company within the trading business of Salzgitter Group has been named Salzgitter Mannesmann Handel GmbH. 2017 saw the relaunch of the business unit Mannesmann’s brand design.