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Mergers & Acquisitions

Who's buying and who's selling iron and steel assets.

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Sandvik Strikes Deal to Sell Tooling Components Manufacturer

08 Dec 2017 - U.S.-based private equity firm KKR has reached an agreement to acquire Sandvik Hyperion, a manufacturer of industrial tooling components, for about US$472.3 million. 

Mexican Furnace Maker Expands Through U.S. Acquisition

10 Nov 2017 - Industrial furnace manufacturer Nutec Bickley has acquired the key assets of U.S.-based Olson Industries for an undisclosed amount. 

Competition Worries Prompt EU to Take Closer Look at ArcelorMittal-ILVA Deal

08 Nov 2017 - Competition regulators at the European Commission are taking a closer look at ArcelorMittal’s plan to acquire Italy’s ILVA, fearing that the deal may lead to higher prices for hot-rolled, cold-rolled and galvanized flat products, especially in southern Europe.

Commercial Metals Expands Product Lineup Through Acquisition

27 Oct 2017 - Commercial Metals Company (CMC) has acquired MMFX Technologies Corp., which licenses proprietary rebar grades, for an undisclosed amount.

Tata Executive: Spinoff of Merged European Business Will Be Later, Not Sooner

16 Oct 2017 - An anticipated spinoff of Tata Steel and thyssenkrupp’s European joint venture won’t happen for another two to three years, reports the Reuters news service. 

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