Acerinox, S.A. (ACXN)

Profile

https://www.acerinox.com

Acerinox, S.A. is a leading Spanish holding company and manufacturer specializing in stainless steel and high-performance alloys. Headquartered in Madrid, it serves as the parent of the Acerinox Group, overseeing strategic direction, corporate services like legal and accounting, and financing activities across global operations in Europe, Asia, the U.S., and South Africa. Founded in 1970, Acerinox, S.A. maintains fifteen factories, including five dedicated to stainless steel production, positioning it as the world's fourth-largest stainless steel producer in 2022 and the top in high-performance alloys by turnover. The company leads markets in the United States and Africa while holding prominence in Europe, supplying products for diverse applications in construction, automotive, energy, and industrial sectors. Recent expansions include the 2020 acquisition of VDM Metals and the 2024 purchase of Haynes International, alongside divestitures like Bahru Stainless. Listed on the Spanish Stock Exchange and part of the IBEX 35 index, Acerinox, S.A. emphasizes efficient, sustainable solutions that deliver value to stakeholders and society.