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Vesuvius

Full company profile

uuid000hc6w

Namestring
Vesuvius
Legal namestring
Vesuvius plc
Websiteurl
vesuvius.com
Company typeenum
Public
Founded yearint
1916
Descriptiontext

Vesuvius plc is a London-headquartered engineered ceramics company that designs, manufactures and services molten metal flow engineering and high-performance refractory products primarily for the global steel and foundry industries. The company operates through two divisions: Steel (comprising Steel Flow Control — slide gate systems, isostatically pressed products and the XMAT 'expert eye' mould instrument; Advanced Refractories — monolithics, pre-cast shapes and bricks for blast furnaces, ladles and tundishes; and Technical/Digital Services) and Foundry (trading as Foseco, supplying consumables such as feeding systems, filters, crucibles and coatings to iron, aluminium and solar-crucible customers). Underpinning the portfolio is a century of process know-how, with 1,570 granted patents and 150+ patent families protecting technologies such as VISO isostatic pressing and ROTOLOK flow control, supported by 17 R&D centres globally and approximately £33.2 million of annual R&D spend.

Vesuvius monetises predominantly through one-time sales of customised engineered consumables and capital products, with pricing conducted on a quote basis via an enterprise field-sales model. Roughly 3,000 of its 11,000+ employees are embedded at customer sites to apply products and provide technical services, which deeply couples Vesuvius into customer operating workflows. The Steel Division accounts for the majority of group revenue (with Foundry/Foseco contributing ~30%) and the new Digital Services business is positioned to layer data-driven expert process management on top of the refractory product base, while R&D investment supports a 20.5% new product sales ratio and 24 new products launched in 2025. The company operates 55 production and sales sites on six continents, selling into more than 100 countries from a 38-country operating footprint, and runs a regional manufacturing model in which products are typically produced on the same continent as the customer.

Short descriptiontext

Vesuvius plc is a London-headquartered engineered ceramics company that designs, manufactures and services molten metal flow engineering and refractory products primarily for the global steel and foundry industries, operating 55 production and sales sites across six continents with 11,000+ employees.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersLondon, United Kingdom
HQ citystring
London
HQ countrystring
United Kingdom
HQ regionstring
Europe
Markets served

Serves global market

Offices16 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
engineered ceramics refractories, continuous casting flow control, foundry consumables, molten metal flow engineering, high temperature industrial materials
Industry1 code
1Refractory & Metallurgical Consumables Distribution (Fluxes, electrodes, refractories)
CodeIMAKAJAMPrimaryYes
NAICS code1 code
  • Clay Building Material and Refractories Manufacturing32712
SIC code1 code
  • Industrial Process Furnaces & Ovens3567
Product category
Industrial Refractories and Engineered Ceramics
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model4 records
1Steel Division Products and Services
TypeOne Time License
Description

Flow Control products and systems used extensively in continuous casting process, Advanced Refractories for lining vessels, Technical Services for process monitoring and optimization. Comprises majority of total Group revenue.

vesuvius.com
2Foundry Division (Foseco Brand)
TypeOne Time License
Description

Consumable products and associated services to the foundry industry under Foseco brand. Generates about 30% of total Group revenue.

vesuvius.com
3Digital Services
TypeProfessional Services
Description

Newly established business focusing on capture of key manufacturing data, combining with refractory expertise to create new technologies and expert process management systems.

vesuvius.com
4New Product Sales
TypeOne Time License
Description

20.5% new product sales ratio in 2025, indicating significant ongoing innovation revenue stream.

vesuvius.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 6 records shown
1Foseco
Description

World-renowned brand for reliability, technology and service in the supply of consumable products and associated services to the foundry industry. Generates about 30% of total Group revenue.

vesuvius.com
+5 more records
Core offering1 text field

Vesuvius manufactures and sells engineered ceramics, refractory products, and flow control systems for steel, foundry, aluminium, and industrial process industries operating under high-temperature conditions. The Steel Division supplies steel flow control products for continuous casting, advanced refractories for lining blast furnaces, ladles and tundishes, and a technical/digital services business focused on process monitoring and optimization. The Foundry Division trades under the Foseco brand, supplying consumable products and associated services to foundries serving automotive, heavy truck, and industrial casting customers worldwide.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 6 values shown
  • 31.4% reduction in Scope 1 and Scope 2 CO2e emission intensity per metric tonne of product (vs 2019)
+5 more records
Product overview1 text field

Vesuvius is a global leader in molten metal flow engineering offering a comprehensive portfolio of products, solutions and services primarily serving the steel and foundry industries. The company operates through two main divisions: Steel (comprising Steel Flow Control, Advanced Refractories, and Technical/Digital Services) and Foundry (trading as Foseco). Key products include flow control systems for continuous casting, high-performance refractory linings, and specialized foundry consumables. The company also offers advanced monitoring technologies including the XMAT concept for continuous casting optimization and Process Metrix laser scanning systems. With operations across six continents, Vesuvius combines product sales with extensive on-site technical support services.

Product and service5 records
1Steel Flow Control
CategorySteelmaking - continuous casting flow control
Description

Flow control products and systems used extensively in the continuous casting process, enabling steel to be cast without interruption while protecting it from atmospheric contamination. Includes sub-meniscus measurement devices such as the XMAT concept and slide gate systems.

2Advanced Refractories
CategorySteelmaking - refractory linings
Description

High performance refractory materials for lining vessels such as blast furnaces, ladles and tundishes to withstand high temperatures and corrosive attack, supplied as powder mixes (monolithics), pre-cast shapes and bricks.

3Technical Services / Digital Services
CategoryProcess monitoring and optimization services
Description

Newly established Digital Services business that complements product lines by capturing key manufacturing data and combining it with Vesuvius' refractory expertise to create new technologies and develop integrated expert process management systems for customers.

4Foundry Products (Foseco Brand)
CategoryFoundry consumables and services
Description

World-renowned Foseco brand supplying consumable products and associated services to the foundry industry, including feeding systems, filters (SEDEX, STELEX ZR), exothermic sleeves (Feedex), and coatings, generating about 30% of total Group revenue.

5Basic Oxygen Furnace (BOF) Solutions
CategorySteelmaking - BOF consumables and equipment
Description

Comprehensive solutions for basic oxygen furnace steelmaking operations including linings, taphole systems, bath agitation and tuyere systems, metallurgical sensors, and BOF maintenance.

Scale indicator18 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-02-01
Description

Turkey-based refractory technology company acquired by Vesuvius in February 2025 to expand refractory technologies. Located in Dilovasi, Kocaeli, Türkiye. Part of Vesuvius Istanbul operations for manufacturing advanced refractory products.

Recent move8 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Large French specialty minerals group with broader portfolio spanning performance minerals, additives, and formerly refractories; competes indirectly through raw material inputs and overlapping end-market customers.

TypeDirect peer
Description

World's largest refractory manufacturer with a directly overlapping product portfolio across steel flow control, refractories, and foundry consumables, competing head-to-head with Vesuvius/Foseco across both divisions.

TypeBroad incumbent
Description

UK-listed advanced ceramics company serving similar high-temperature and industrial process end-markets; overlaps with Vesuvius in technical ceramics and thermal applications though with a different product mix.

TypeDirect peer
Description

US-headquartered refractory producer serving iron and steel, non-ferrous, glass, and industrial process customers with a directly comparable product line to Vesuvius's steel and industrial refractories.

TypeBroad incumbent
Description

Diversified French materials giant with refractory offerings as part of a much broader industrial and building products portfolio; overlapping capabilities in high-temperature ceramic solutions but not core-focused.

TypeDirect peer
Description

Privately held US refractory manufacturer offering monolithic and precast products to steel, iron, non-ferrous, and industrial customers with similar application engineering depth as Vesuvius.

TypeDirect peer
Description

Major Japanese refractory maker supplying steel and industrial customers in Asia with monolithics, bricks, and flow control; directly competes with Vesuvius in Asia-Pacific steel markets.

TypeDirect peer
Description

Spun-off refractory business (formerly Imerys Refractories) serving steel, foundry, aluminium, cement, and glass end-markets with monolithics, bricks, and flow control products directly competing with Vesuvius.

TypeEmerging player
Description

US-headquartered engineered ceramics manufacturer with growing presence in industrial and high-temperature applications; partial product overlap with Vesuvius in advanced ceramics and aluminium casting coatings.

TypeDirect peer
Description

Global supplier of consumables, filtration, and engineered equipment for non-ferrous and ferrous foundries, directly overlapping with Vesuvius's Foseco foundry consumables and filtration product lines.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability5 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature10 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles11 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries11 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance5 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A13 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Vesuvius

Industrial Refractories and Engineered Ceramicsvesuvius.com

Vesuvius plc is a London-headquartered engineered ceramics company that designs, manufactures and services molten metal flow engineering and refractory products primarily for the global steel and foundry industries, operating 55 production and sales sites across six continents with 11,000+ employees.

What Vesuvius does

Vesuvius plc is a London-headquartered engineered ceramics company that designs, manufactures and services molten metal flow engineering and high-performance refractory products primarily for the global steel and foundry industries. The company operates through two divisions: Steel (comprising Steel Flow Control — slide gate systems, isostatically pressed products and the XMAT 'expert eye' mould instrument; Advanced Refractories — monolithics, pre-cast shapes and bricks for blast furnaces, ladles and tundishes; and Technical/Digital Services) and Foundry (trading as Foseco, supplying consumables such as feeding systems, filters, crucibles and coatings to iron, aluminium and solar-crucible customers). Underpinning the portfolio is a century of process know-how, with 1,570 granted patents and 150+ patent families protecting technologies such as VISO isostatic pressing and ROTOLOK flow control, supported by 17 R&D centres globally and approximately £33.2 million of annual R&D spend.

Vesuvius monetises predominantly through one-time sales of customised engineered consumables and capital products, with pricing conducted on a quote basis via an enterprise field-sales model. Roughly 3,000 of its 11,000+ employees are embedded at customer sites to apply products and provide technical services, which deeply couples Vesuvius into customer operating workflows. The Steel Division accounts for the majority of group revenue (with Foundry/Foseco contributing ~30%) and the new Digital Services business is positioned to layer data-driven expert process management on top of the refractory product base, while R&D investment supports a 20.5% new product sales ratio and 24 new products launched in 2025. The company operates 55 production and sales sites on six continents, selling into more than 100 countries from a 38-country operating footprint, and runs a regional manufacturing model in which products are typically produced on the same continent as the customer.

Vesuvius firmographics

Firmographics
Name
Vesuvius
Legal name
Vesuvius plc
Website
https://vesuvius.com
Company type
Public
Founded year
1916
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
Vesuvius plc is a London-headquartered engineered ceramics company that designs, manufactures and services molten metal flow engineering and refractory products primarily for the global steel and foundry industries, operating 55 production and sales sites across six continents with 11,000+ employees.
Ownership category
akta.pro rank

Vesuvius industry classification

Industry
Product category
Industrial Refractories and Engineered Ceramics
NAICS
Clay Building Material and Refractories Manufacturing (32712)
SIC
Industrial Process Furnaces & Ovens (3567)
akta.pro primary industry
Refractory & Metallurgical Consumables Distribution (Fluxes, electrodes, refractories) (IMAKAJAM)

Keywords

  • Engineered ceramics refractories
  • Continuous casting flow control
  • Foundry consumables
  • Molten metal flow engineering
  • High temperature industrial materials

Where Vesuvius is headquartered

Location

Headquarters

HQ city
London
HQ country
United Kingdom
HQ region
Europe

Offices16 records

Markets served

Vesuvius business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

  1. Steel Division Products and Services: Flow Control products and systems used extensively in continuous casting process, Advanced Refractories for lining vessels, Technical Services for process monitoring and optimization. Comprises majority of total Group revenue.
  2. Foundry Division (Foseco Brand): Consumable products and associated services to the foundry industry under Foseco brand. Generates about 30% of total Group revenue.
  3. Digital Services: Newly established business focusing on capture of key manufacturing data, combining with refractory expertise to create new technologies and expert process management systems.
  4. New Product Sales: 20.5% new product sales ratio in 2025, indicating significant ongoing innovation revenue stream.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Vesuvius product offering

Product offering

Core offering

Vesuvius manufactures and sells engineered ceramics, refractory products, and flow control systems for steel, foundry, aluminium, and industrial process industries operating under high-temperature conditions. The Steel Division supplies steel flow control products for continuous casting, advanced refractories for lining blast furnaces, ladles and tundishes, and a technical/digital services business focused on process monitoring and optimization. The Foundry Division trades under the Foseco brand, supplying consumable products and associated services to foundries serving automotive, heavy truck, and industrial casting customers worldwide.

Product overview

Vesuvius is a global leader in molten metal flow engineering offering a comprehensive portfolio of products, solutions and services primarily serving the steel and foundry industries. The company operates through two main divisions: Steel (comprising Steel Flow Control, Advanced Refractories, and Technical/Digital Services) and Foundry (trading as Foseco). Key products include flow control systems for continuous casting, high-performance refractory linings, and specialized foundry consumables. The company also offers advanced monitoring technologies including the XMAT concept for continuous casting optimization and Process Metrix laser scanning systems. With operations across six continents, Vesuvius combines product sales with extensive on-site technical support services.

Differentiator

Problem solved

Functional benefit

Brands

  • Foseco: World-renowned brand for reliability, technology and service in the supply of consumable products and associated services to the foundry industry. Generates about 30% of total Group revenue.
  • VISO
  • LAVAGARD
  • ROTOLOK
  • FEEDEX
  • XMAT

Products and services

  • Steel Flow Control Flow control products and systems used extensively in the continuous casting process, enabling steel to be cast without interruption while protecting it from atmospheric contamination. Includes sub-meniscus measurement devices such as the XMAT concept and slide gate systems.
  • Advanced Refractories High performance refractory materials for lining vessels such as blast furnaces, ladles and tundishes to withstand high temperatures and corrosive attack, supplied as powder mixes (monolithics), pre-cast shapes and bricks.
  • Technical Services / Digital Services Newly established Digital Services business that complements product lines by capturing key manufacturing data and combining it with Vesuvius' refractory expertise to create new technologies and develop integrated expert process management systems for customers.
  • Foundry Products (Foseco Brand) World-renowned Foseco brand supplying consumable products and associated services to the foundry industry, including feeding systems, filters (SEDEX, STELEX ZR), exothermic sleeves (Feedex), and coatings, generating about 30% of total Group revenue.
  • Basic Oxygen Furnace (BOF) Solutions Comprehensive solutions for basic oxygen furnace steelmaking operations including linings, taphole systems, bath agitation and tuyere systems, metallurgical sensors, and BOF maintenance.

Quantifiable outcome

  • 31.4% reduction in Scope 1 and Scope 2 CO2e emission intensity per metric tonne of product (vs 2019)
  • +5 more outcomes

Companies that use Vesuvius

Customer profile

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Vesuvius technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature10 records

Vesuvius partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

Scale indicators18 records

Recent moves8 records

Expansion highlights6 records

Vesuvius competitors and assessment

Company assessment

Broad incumbents

  • Imerys: Large French specialty minerals group with broader portfolio spanning performance minerals, additives, and formerly refractories; competes indirectly through raw material inputs and overlapping end-market customers.
  • Morgan Advanced Materials: UK-listed advanced ceramics company serving similar high-temperature and industrial process end-markets; overlaps with Vesuvius in technical ceramics and thermal applications though with a different product mix.
  • Saint-Gobain: Diversified French materials giant with refractory offerings as part of a much broader industrial and building products portfolio; overlapping capabilities in high-temperature ceramic solutions but not core-focused.

Direct peers

  • RHI Magnesita: World's largest refractory manufacturer with a directly overlapping product portfolio across steel flow control, refractories, and foundry consumables, competing head-to-head with Vesuvius/Foseco across both divisions.
  • HarbisonWalker International (HWI): US-headquartered refractory producer serving iron and steel, non-ferrous, glass, and industrial process customers with a directly comparable product line to Vesuvius's steel and industrial refractories.
  • Allied Mineral Products: Privately held US refractory manufacturer offering monolithic and precast products to steel, iron, non-ferrous, and industrial customers with similar application engineering depth as Vesuvius.
  • Krosaki Harima Corporation: Major Japanese refractory maker supplying steel and industrial customers in Asia with monolithics, bricks, and flow control; directly competes with Vesuvius in Asia-Pacific steel markets.
  • Calderys: Spun-off refractory business (formerly Imerys Refractories) serving steel, foundry, aluminium, cement, and glass end-markets with monolithics, bricks, and flow control products directly competing with Vesuvius.
  • Pyrotek: Global supplier of consumables, filtration, and engineered equipment for non-ferrous and ferrous foundries, directly overlapping with Vesuvius's Foseco foundry consumables and filtration product lines.

Emerging players

  • CoorsTek: US-headquartered engineered ceramics manufacturer with growing presence in industrial and high-temperature applications; partial product overlap with Vesuvius in advanced ceramics and aluminium casting coatings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

Vesuvius social profiles

Digital presence

Vesuvius compliance and trust

Trust signal

Compliance5 records

Vesuvius financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Vesuvius leadership team

Management profile

Number of profiles

Profiles11 records

Vesuvius subsidiaries and ownership

Company hierarchy

Subsidiaries11 records

Vesuvius funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Vesuvius M&A and investment

M&A and investment

M&A13 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vesuvius

What does Vesuvius do?

Vesuvius manufactures and sells engineered ceramics, refractory products, and flow control systems for steel, foundry, aluminium, and industrial process industries operating under high-temperature conditions. The Steel Division supplies steel flow control products for continuous casting, advanced refractories for lining blast furnaces, ladles and tundishes, and a technical/digital services business focused on process monitoring and optimization. The Foundry Division trades under the Foseco brand, supplying consumable products and associated services to foundries serving automotive, heavy truck, and industrial casting customers worldwide.

Is Vesuvius a public or private company?

Vesuvius is a public company. It is classified as public and is currently operating.

When was Vesuvius founded?

Vesuvius was founded in 1916. It employs 5,001 to 10,000 people.

Where is Vesuvius based?

Vesuvius is headquartered in London, United Kingdom, in the Europe region.

How does Vesuvius make money?

Four revenue lines are on record. Steel Division Products and Services are the primary driver. The others are foundry Division (Foseco Brand), digital Services and new Product Sales.

Who are Vesuvius's main competitors?

Broad incumbents on record are Imerys, Morgan Advanced Materials and Saint-Gobain. Direct peers are RHI Magnesita, HarbisonWalker International (HWI), Allied Mineral Products, Krosaki Harima Corporation, Calderys and Pyrotek. CoorsTek is listed as an emerging player.

Does Vesuvius have an API?

No public API is recorded for Vesuvius.

What industry is Vesuvius in?

Vesuvius's product category is Industrial Refractories and Engineered Ceramics. Its primary akta.pro industry code is IMAKAJAM, Refractory & Metallurgical Consumables Distribution (Fluxes, electrodes, refractories). Its NAICS code is 32712 and its SIC code is 3567.

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Live signals
AInvestVesuvius Trades 18% Below a 551p Bid: The Market's Verdict on a Deal That Isn't DoneRHI Magnesita offered 551 pence per share for Vesuvius, while the stock trades near 450 pence, an 18% gap. The offer is non-binding, with no board recommendation, and faces antitrust review. The October 27 deadline will determine whether the deal closes.Investors' ChronicleWhy RHI’s £1.4bn Vesuvius bid works well for investorsRHI Magnesita's £1.37bn bid for Vesuvius, announced after 12 months of talks, offers 470p per share plus 0.28 shares for every 10, a 47% premium to the closing price. The offer follows a rejected June bid and a March all-cash offer, with analysts noting the need for competition authority approval.YahooMan Group PLC : Form 8.3 - Vesuvius PlcMan Group PLC disclosed its stake in Vesuvius plc under Rule 8.3 of the Takeover Code, holding 15,992,664 ordinary shares (6.44%) and 499,224 short positions (0.20%). The disclosure was made on 02/10/2026, with no dealings recorded.The future of tradingForm 8.3 - Vesuvius PlcJupiter Fund Management Plc disclosed a 1.44% stake in Vesuvius Plc, holding 3,586,386 ordinary shares and 41,378 cash-settled derivatives. The disclosure was made on 30th September 2026, with no dealings recorded.MarketScreenerFTSE 100 falls as bond worries offset lower oilThe FTSE 100 fell 0.5% on Tuesday as US bond yields hit a 24-year high, while oil prices eased after Trump's Iran talks. The index closed at 10,636.71, with BP and Shell down on weak oil, and Vesuvius surged 25% on a takeover offer.WsjBasic Materials Roundup: Market TalkRBC Capital Markets analysts say a merger between RHI Magnesita and Vesuvius is strategically sound but could face competition issues. Vesuvius received an offer approach worth 549 pence a share on Aug. 27, and the analysts note asset sales may be needed for approvals. RHI shares are down 3% at 27.40 pounds, while Vesuvius shares are up 27% at 475 pence.ReutersFeuerfestkonzern RHI Magnesita will Rivalen Vesuvius übernehmenRHI Magnesita is offering to acquire British rival Vesuvius for about €1.6 billion, proposing 549 pence per share, a 47% premium. The offer includes 470 pence cash and 0.28 new RHI shares per ten Vesuvius shares. Vesuvius shares rose 27% on the news.Sharecast.comLondon midday: FTSE on front foot as miners maintain rallyLondon stocks rose midday on Tuesday, with the FTSE 100 up 0.42% to 10,729.38, as miners gained on easing UK shop price inflation. The BRC-NIQ index showed shop price inflation fell to 1.4% year-on-year in September from 1.5% in August. Investors also noted AstraZeneca's $2bn investment in Summit Therapeutics and Vesuvius's takeover evaluation.Investing.comStock Market News - Investing.com IndiaRHI Magnesita is in advanced discussions with Vesuvius plc about a cash-and-share offer, proposing 470 pence per share plus 0.028 new shares. The offer values each Vesuvius share at 549 pence, a 47% premium to the closing price and a 23% increase over a rejected proposal. The deal would give Vesuvius shareholders about 13% of the enlarged share capital.ReutersUK's Vesuvius weighs Austria-based rival RHI Magnesita's £1.37 billion bid; shares jumpRHI Magnesita submitted a £1.37 billion bid for UK refractory firm Vesuvius, valuing it at 551 pence per share, a 47% premium. Vesuvius' stock rose 23% to 461 pence, while RHI's shares fell 3%. The bid follows rejected proposals over the past year.