Sipro

IFBC has been mandated by the management of Sipro to prepare the valuation of its 40% stake in the rolling mill Laminoirs des Landes S.A.S., Tarnos to assess its recoverability. The work included the valuation applying the DCF approach, the performance of a sensitivity analysis as well as a plausibility check of the results. The SIPRO Group has been operating successfully in the steel business for more than 50 years. The focus is on the distribution of various steel products. Steel products from Italian steel producers are primarily marketed through various distribution companies.