SMS group now sole owner of Paul Wurth Published 21st April, 2021 by Matthew Moggridge German plant builder SMS group has acquired the remaining 40.8% of Paul Wurth SA and has become the sole owner of Paul Wurth's plant engineering business. The 40.8% of shares were owned by the Luxembourg state and state-owned banking organisations, but now the German plant builder is in charge. The Luxembourg site will now be expanded to become the R&D centre for decarbonisation and recycling within the SMS group, with both companies (SMS and Paul Wurth) pooling their R&D activities with the aim of setting...