Turnover: 64 million EUR (2022)
Country: France
- MG-VALDUNES IS ONE OF THE WORLD'S LEADING MANUFACTURERS AND SUPPLIERS OF WHEELS, AXLES AND WHEELSETS FOR THE RAIL INDUSTRY.
- MG-VALDUNES was created in 2014, following the acquisition of VALDUNES by the MA STEEL Group.
- Over 175 years' experience
- MG-VALDUNES is a 100% subsidiary of Maanshan Iron and Steel (MA STEEL), a Chinese company listed on the Shanghai and Hong Kong stock exchanges, and one of the world's top twenty steel companies, with annual production of over 18 million tonnes of steel.
- chinese group with over 40,000 employees and annual sales of over 14 billion US dollars.
News
Valdunes in search of a buyer 09/09/2023
- Valdunes, the French manufacturer of wheels for trains and RERs, is currently looking for a buyer.
- Valdunes has two main sites: the main machining site in Valenciennois, employing 240 people, and a forge with 95 employees in Leffrinckoucke, near Dunkirk.
- SNCF has an estimated need for 250,000 wheels per year, but has only ordered 7,500 from Valdunes in two years.
- Alstom, a major player in the sector, buys only around 10% of its annual production from Valdunes.
- Chinese MA Steel, the former shareholder, claims to have invested €150 million in the company since its takeover in 2014.
- Sales of 64 million by 2022