Outokumpu divests part of its European stock operations to Amari
OUTOKUMPU OYJSTOCK EXCHANGE RELEASE4 July 2012 at 12.00 am EETOutokumpu is consolidating the Group’s stocking operations into a smaller number of locations in Europe and deepening cooperation with independent distributors. Outokumpu has signed an agreement with Amari, a privately owned group of companies focusing on multi-metal distribution. According to the agreement, Outokumpu will sell 10 of its stock operations in nine countries to Amari, and thereby halves the number of its own stock locations. In conjunction with the transaction, approximately 100 Outokumpu employees will