Radiall SA

Family-controlled since the 1952 founding; not a GLEIF-reported relationship (GLEIF has no parent on file for LEI 969500M316TOXDGKDY73 -- consistent with non-corporate/family ownership, which GLEIF does not capture). Stake sourced to Wikipedia/Bloomberg reporting, not a company filing -- treat the exact 89% figure as approximate and re-check against a Radiall-published source when the site is reachable again.

Every exposure is read as a buyer dependency; the top 3 are its binding chokepoints.

As a buyer, policy pressure across its consumed materials is rising.

Descriptive trend in official policy actions on this company’s materials — a policy-pressure trend, not a price or trading signal. No forward probability is implied. Direction is measured on actions we have discovered, and discovery lags events: where the recent window is too thin to support a calm reading, the row says coverage-limited instead of easing.

No actions in the register have named or swept this company in the last 24 months.