Giovanni Arvedi

About Giovanni Arvedi

Giovanni Arvedi is the founder and owner of the Arvedi Group, a steelmaker based in the northern Italian city of Cremona.

Arvedi comes from a long line of metal workers: his ancestors owned a small copper mine in northern Italy in the 17th century.

He started two trading and manufacturing firms in 1963 and later opened a steel works in Cremona in 1970.

In January 2022, the Arvedi Group acquired an 85% stake in Italian steel mill AST from ThyssenKrupp for a reported price of roughly $700 million.

The AST acquisition brought the company's revenues to nearly $8 billion in 2022, making it one of Europe's largest steelmakers.