History

With history stretching back to 1945, it all began with a drive for innovation.

    1945

    Starting in the steelmaking industry

    Techint is founded to provide engineering services to steel industries in Italy and Latin America.

    1945 Starting in the steelmaking industry

    1954

    First steel tube production plants

    The first steel tube production plants open in Argentina and Mexico, where they continue to operate successfully today.

    1954 First steel tube production plants

    1969

    Steel plants at the core of the Techint Group

    A flat steel cold-rolling facility is built in Ensenada, Argentina, which is meant to be the first step of a planned, fully integrated operation.

    1969 Steel plants at the core of the Techint Group

    1988

    Acquisitions drive expansion in the steel business

    Techint begins to expand, acquiring industry-leading roll grinder, rubber & plastic, long rolling mills manufacturer Pomini.

    1988 Acquisitions drive expansion in the steel business

    1994

    A paramount technology is acquired

    Expansion continues with the acquisition of Intersteel Technology and its leading-edge “Consteel®” technology.

    1994 A paramount technology is acquired

    1996

    Subsidiaries in Italy

    Techint acquires part of Italimpianti and incorporates the subsidiary Tagliaferri, a well-known electric furnace company.

    1996 Subsidiaries in Italy

    1997

    Techint Technologies is born

    Techint Technologies is established, reflecting our emphasis on identifying, developing and implementing technological solutions for our clients.

    1997 Techint Technologies is born

    2000

    Enhancement of the electric furnaces portfolio

    Köster and EMCI technologies are acquired in order to enhance the group’s offerings for electric furnaces.

    2000 Enhancement of the electric furnaces portfolio

    2005

    Global growth through further acquisitions

    Techint Technologies acquires the Goodfellow Efsop® process control system for EAF, and sets up HYL Technologies, a world leader in gas-based direct reduction plants.

    2005 Global growth through further acquisitions

    2006

    Expanding in the heat treatment area

    The group acquires LOI Thermprocess, an industrial furnace specialist, merging it with Italimpianti. Pyromet, South Africa’s foremost specialist in smelting furnaces and plants, and Key Solutions, a global leader in acid regeneration plants, join the group.

    2006 Expanding in the heat treatment area

    2007

    Tenova!

    Having accumulated decades of experience providing innovative solutions to the iron and steel industries, the company rebrands to reflect its new strong, independent market identity: Tenova is born. The company acquires TAKRAF, a global leader in open pit mining technology and material handling systems, expanding into the mining sector.

    2007 Tenova!

    2008

    Joint ventures and expansions continue

    Core Furnace Systems, a leader on the North American market for industrial furnaces and electric smelting/refining furnaces joins Tenova.

    2008 Joint ventures and expansions continue

    2009

    More growth in India and US

    Tenova's acquisition strategy continues with the entry of Multiform, Indian supplier specialized in cold rolling mills and strip processing lines, and I2S, an American company specialist in cold rolling mills.

    2009 More growth in India and US

    2010

    Acquisition in Germany

    Tenova acquires Tenova Re Energy in Germany, a company specializing in heat recovery and industrial furnace energy efficiency.

    2010 Acquisition in Germany

    2011

    Tenova's growth strategy continued

    Tenova expands into three new markets, establishing Tenova Vietnam, Pomini Tenova Sweden and Tenova TAKRAF (Thailand). The group also acquires Nova Analytical Systems, a Canadian specialist in extractive-gas analyzers, and TAKRAF starts to develop crushers.

    2011 Tenova's growth strategy continued

    2012

    Expansion of the mining portfolio

    Tenova strengthens its position and further broadened its portfolio of products in the mining industry by acquiring the Delkor Group and Bateman Advanced Technologies in Israel (today Tenova Advanced Technologies).

    2012  Expansion of the mining portfolio

    2013

    Secondary metallurgy boosted

    In July 2013, with the acquisition of Technometal GmbH, a German company based in Duisburg, Tenova strengthens its position further as a recognized player in secondary metallurgy.

    2013 – Secondary metallurgy boosted

    2014

    Consolidation and integration

    Tenova slows its growth strategy through acquisitions and dedicated in these years more effort to the integration of its various companies.

    2014  Consolidation and integration

    2016

    Changes in the Mining and the Metals sectors

    Tenova further develops its activities in the Mining and Minerals industry by focusing on the equipment and process technology sector through TAKRAF and DELKOR. At the same time Tenova enters a deep transformation of the Metals division to enhance commercial effectiveness and operational efficiency.

    2016 Changes in the Mining and the Metals sectors

    2020

    Reorganization of business and governance

    Tenova reorganizes itself in terms of governance to steady around the two businesses in which the company operates – metals and mining – so as to better focus on each’s specific priorities, market approach and global presence. TAKRAF and DELKOR are the two well-known brands in which the group operates in the mining field, while Tenova remains the leading brand in the steel and metals business.

    2020 Reorganization of business and governance