Add-on Acquisition • Machinery

AG Industries Acquires SMS Siemag AG

On March 1, 2002, AG Industries acquired machinery company SMS Siemag AG

Acquisition Context

This is AG Industries’ 1st transaction in the Machinery sector.
This is AG Industries’ 1st transaction in Germany.

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M&A Deal Summary
Date	March 1, 2002
Target	SMS Siemag AG
Sector	Machinery
Buyer(s)	AG Industries
Deal Type	Add-on Acquisition

Target Company

SMS Siemag AG

Düsseldorf, Germany

SMS Siemag AG develops and builds plants, machines, and individual components for steel, aluminum, and nonferrous metal industries worldwide.

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Buyer Overview 1

Buyer

AG Industries

Preston, Washington, United States

Category	Company
Founded	2005
Sector	Internet Software and Services

DESCRIPTION

AG Industries, Inc. ('AGi' or the 'Company') primarily provides repair and maintenance services for continuous casting equipment, which is used by steel mills to produce flat-rolled steel.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Machinery	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Germany	1 of 1
Year: 2002	1 of 1

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