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Acquisitions aid performance at RHI Magnesita

Can the group’s buyout bonanza deliver in the longer term?
February 28, 2024
  • Volumes to remain flat
  • Difficulty in end markets

Refractory products supplier RHI Magnesita (RHIM) cited substantial M&A progress as the primary driver behind growth in its revenue and adjusted Ebitda figures in 2023. The group completed six transactions across the year in what it deems “high-priority geographic or product markets”. 

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