M&A Deal Summary

ArcelorMittal Acquires OFZ a.s

On December 6, 2007, ArcelorMittal acquired metals/mining company OFZ a.s

Acquisition Highlights
  • This is ArcelorMittal’s 6th transaction in the Metals/Mining sector.
  • This is ArcelorMittal’s 1st transaction in Slovakia.

M&A Deal Summary

Date 2007-12-06
Target OFZ a.s
Sector Metals/Mining
Buyer(s) ArcelorMittal
Deal Type Add-on Acquisition

Target

OFZ a.s

Istebne, Slovakia
website
OFZ a.s is a manufacturer of a wide range of ferro-alloys on the basis of manganese and silicon, namely ferromanganese, ferromanganese silicon and ferro-silicon.

Search 192,611 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

ArcelorMittal

Luxembourg, Luxembourg

website


Category Company
Founded 1976
Sector Metals/Mining
Employees168,000
Revenue 53.3B USD (2020)
DESCRIPTION

ArcelorMittal is a provider of steel producer and mining company. Guided by a philosophy to produce safe, sustainable steel, it is the supplier of quality steel products in all major markets including automotive, construction, household appliances and packaging. ArcelorMittal was incorporated in 1976 and is based in Luxembourg City, Luxembourg.


DEAL STATS #
Overall 7 of 19
Sector (Metals/Mining) 6 of 14
Type (Add-on Acquisition) 5 of 15
Country (Slovakia) 1 of 1
Year (2007) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-04 NSD

Scunthorpe, United Kingdom

NSD Ltd. is a steel distribution company specialising in sales of heavy sections and tubes.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-11 M.T. Majdalani y Cia. S.A.

Tortuguitas, Argentina

M.T. Majdalani y Cia. S.A. is a stainless steel service center and distributor in Argentina.

Buy -