Out of 60 sectors in the Mergr database, metals/mining ranked 24 in number of deals in 2006. The largest metals/mining acquisition in 2006 was Arcelor S.A. - which was acquired by ArcelorMittal SA for $29.9B.
Join Mergr to view all 71 acquisitions of metals/mining companies in 2006, including 29 acquisitions by private equity firms, and 42 by strategics.
Muthithi Place, 3rd Floor, 67 Muthithi Road, Westlands,
254 (20) 260 3501-4
Athi River Steel Plant is a producer of a range of hot rolled steel products, including building steel, structural steel, fasteners (bolts and nuts), spring steel and flats. The company uses scrap steel to manufacture its products. The Abraaj Group invested in Athi River Steel to provide finance for the acquisition of a complementary steel products manufacturer and to expand production capacity.
Athi River Steel Plant was acquired by The Abraaj Group on September 1, 2006.
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