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158 news items in Mergers / Acquisitions. Show all
Klockner & Co has signed an agreement to sell Becker Group, a European supplier of steel, stainless steel and aluminum, to a consortium comprising Accura Investment Partners and Becker Consult + Beteiligungs-GmbH (BCB)…
Russian steelmaker Severstal has acquired the production and warehouse complex of Dmitrovsky Metal Center (DMC) in Moscow Region, strengthening its pipe business and expanding distribution and processing services for…
Saudi Arabia's Molan Steel Co. has signed an agreement with Yara International Limited to reduce its outstanding settlement payment by SAR 1.05 mln (USD 280,000) in exchange for accelerated payment, according to the…
Vale has agreed to acquire a 30pct minority stake in Ligga S.A., which operates the Ferro Sul iron ore mine in northern Brazil, for around USD 190 mln. The transaction also includes an exclusive long-term offtake…
Flux Steel Works has unveiled plans to renovate and re-equip a former ATI steel plant in Ohio to produce grain-oriented electrical steel (GOES), the core material used in power transformers. The company acquired the…
The UK government has announced plans to work towards the public acquisition of Speciality Steel UK (SSUK), following its decision that the proposed sale to a preferred private-sector bidder would not provide sufficient…
Bull Moose Tube Company has completed the acquisition of Hanna Steel Corporation, a US producer of structural and mechanical steel tubing, expanding its manufacturing and product portfolio. Hanna Steel will operate as a…
Japan's Hanwa Co. has completed the acquisition of US-based Associated Steel Group, LLC (ASG), making the company a consolidated subsidiary. Hanwa acquired a 50.1pct stake in ASG through its North American unit, Hanwa…
The Abu Dhabi Investment Authority (ADIA) has acquired a 0.89pct stake in Indian building materials and steel distributor SG Mart Ltd., purchasing 1.123 mln shares for approximately USD 7.6 mln. The transaction was…
Salzgitter AG has completed the acquisition of the remaining shares in Huttenwerke Krupp Mannesmann (HKM) from Thyssenkrupp Steel Europe and Vallourec, making the integrated steelworks in Duisburg a wholly owned…
U.S.-based Bull Moose Tube Company has reached a definitive agreement to acquire Hanna Steel Corporation, a producer of structural and mechanical steel tubing. The transaction is expected to close in the third quarter…
GCC steel and industrial investors may find a strategic acquisition opportunity in Europe as Romania's Liberty Galati steel plant and Liberty Tubular Products Galati pipe mill return to the market following court…
Germany's Thyssenkrupp has sold its remaining 15pct stake in Italian stainless steel producer Acciai Speciali Terni (AST) to the Arvedi Group, completing the transaction agreed in 2021 for the sale of the steelmaker and…
India-based MAN Industries has completed the acquisition of 100pct equity stake in Saudi Arabia's National Pipe Company Limited (NPC) through its wholly owned Saudi subsidiary Man International Steel Industries Company…
Romanian steel producer Liberty Galati will be put up for auction on June 19 with a starting price of EUR 444 mln (USD 514 mln), following approval of an amended restructuring plan by the Galati Tribunal. In addition…
Jindal Steel has signed an investment agreement with Suhar Industrial City in Oman to develop an integrated iron and steel project with an estimated investment of OMR 150 mln (USD 390 mln). The project will be located…
Jindal Steel Oman acquired Moon Iron & Steel Company (MISCO) in Sohar, according to sources familiar with the matter. MISCO suspended steel production activities in 2023 after facing operational and financial…
Tenaris announced that it has entered into a definitive agreement to acquire 100pct of the share capital of Romania-based Artrom Steel Tubes S.A. from U.S.-based GLGH Steel LLC. The transaction value amounts to EUR 86…
Salzgitter AG has received approval from the European Commission to acquire sole control of Huttenwerke Krupp Mannesmann (HKM) under the EU Merger Regulation. The transaction, which relates mainly to semi-finished…
Thyssenkrupp AG and Jindal Steel International have agreed to pause discussions on a potential stake sale in Thyssenkrupp Steel Europe, citing changes in key assumptions around the proposed transaction. The decision…
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