Algol Technics metal business sold to Stén & Co Oy Ab

News 19.8.2022

Algol Technics Oy has sold its specialty metals import and sales business to Stén & Co Oy Ab in an agreement signed on 16 August 2022. The business was transferred at the time of signing the agreement.

The transfer to the new owner includes agreements, orders, inventories and employees connected with the special metals business.

“Our current Products business is very broad and multi-branched. By selling our metals business, we can focus our product portfolio more precisely and thereby serve our customers even better,” says Sauli Mäntylä, Managing Director of Algol Technics.

More information

Aimo Leppinen, Director, Metals Business Unit, Algol Technics Oy, tel. +358 9 5099 626.

Stén & Co Oy Ab

Stén & Co Oy Ab is a Finnish family enterprise based in Nurmijärvi. The company specialises in importing and warehousing tool steels and special steels. www.sten.fi