Athi River Steel Plant - Ownership and Business Overview

Metals/miningCompany

Athi River Steel Plant Ownership

Who owns Athi River Steel Plant?

Athi River Steel Plant is owned by The Abraaj Group. It was acquired on September 1, 2006.

Is Athi River Steel Plant PE-backed?

Yes. Athi River Steel Plant is owned by private equity investor The Abraaj Group.

Athi River Steel Plant Business Overview

Where is Athi River Steel Plant headquartered?

Athi River Steel Plant is headquartered in Nairobi, Kenya.

What sector is Athi River Steel Plant in?

Athi River Steel Plant is a metals/mining company.

When was Athi River Steel Plant founded?

Athi River Steel Plant was founded in 1996.

Metals/mining M&A Summary in 2006

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 72 acquisitions of metals/mining companies in 2006, including 26 acquisitions by private equity firms, and 46 by strategics.

Athi River Steel Plant

Muthithi Place, 3rd Floor, 67 Muthithi Road, Westlands,
Nairobi,
Kenya,
254 (20) 260 3501-4
www.athisteel.com

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.


Company Summary

SECTOR

Metals/Mining

Established

1996

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