M&A Deal Summary |
|
---|---|
Date | 2014-07-21 |
Target | Severstal Dearborn |
Sector | Metals/Mining |
Buyer(s) | AK Steel Holding |
Sellers(s) | Severstal |
Deal Type | Divestiture |
Deal Value | 700M USD |
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Category | Company |
---|---|
Founded | 1993 |
Sector | Metals/Mining |
Employees | 9,500 |
Revenue | 6.8B USD (2018) |
AK Steel Holding Corp. is a producer of flat-rolled carbon, stainless and electrical steel products for automotive, appliance, construction and manufacturing markets, as well as tubular steel products. AK Steel Holding was founded in 1993 and is based in West Chester, Ohio.
DEAL STATS | # |
---|---|
Overall | 2 of 3 |
Sector (Metals/Mining) | 2 of 2 |
Type (Divestiture) | 2 of 2 |
State (Michigan) | 1 of 1 |
Country (United States) | 2 of 2 |
Year (2014) | 1 of 1 |
Size (of disclosed) | 1 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2003-07-02 |
Central Tubing Facility
United States Central Tubing Facility, produces stainless steel tubing used primarily in the manufacture of passenger and light truck exhaust systems used throughout the U.S. and Canada. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2017-08-10 |
Precision Partners Holding
Windsor, Ontario, Canada Precision Partners Holding Co. is a manufacturer of engineered automotive tooling and hot & cold stamped solutions serving global OEMs and Tier 1 customers. Complexity and the specialized nature of product and service capabilities position Precision Partners Holding Company as a critical supply chain partner and one-stop solution provider for the tooling and stamping industry. |
Buy | $360M |
Category | Company |
---|---|
Founded | 1955 |
Sector | Metals/Mining |
Revenue | 728.3B RUB (2023) |
Severstal is a Russian steel producer. Severstal was founded in 1955 and is based in Moscow, Russia.
DEAL STATS | # |
---|---|
Overall | 2 of 2 |
Sector (Metals/Mining) | 2 of 2 |
Type (Divestiture) | 2 of 2 |
State (Michigan) | 1 of 1 |
Country (United States) | 2 of 2 |
Year (2014) | 2 of 2 |
Size (of disclosed) | 2 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2014-07-21 |
Severstal Columbus
Columbus, Mississippi, United States Columbus is a North American mini-mill with an estimated annual hot roll production capacity of 3.4 million tons. Columbus produces a broad range of high-quality hot-rolled, cold-rolled and galvanized sheet products for customers primarily in the distributor, construction, automotive and pipe and tube markets. Columbus is strategically located in Mississippi to serve the high-growth markets in the Southern U.S. and Mexico. |
Sell | $1.6B |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2014-12-29 |
Severstal Export Miami
Miami, Florida, United States Severstal Export Miami Corp. is a distributor of steel products. |
Buy | - |