Funds managed by CapMan (CapMan) and Rautaruukki Corporation (Ruukki) agreed in October to combine units of Komas and Ruukki’s Engineering division to form a new company called Fortaco. The agreement has now received European Commission clearance and is expected to be finalised by the end of 2012. Fortaco becomes Europe’s largest manufacturing partner for the engineering industry.
Komas press release 11.12.2012 at 1.30 pm EET
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Establishing a new company called Fortaco was agreed in October 2012 by the funds managed28/12/2012
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