Add-on Acquisition • Manufacturing

APi Group Acquires LeJeune Steel Co.

On January 1, 1989, APi Group acquired manufacturer LeJeune Steel Co.

Acquisition Context
  • This is APi Group’s 1st transaction in the Manufacturing sector.
  • This is APi Group’s 2nd transaction in the United States.
  • This is APi Group’s 1st transaction in Minnesota.

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M&A Deal Summary

Date January 1, 1989
Target LeJeune Steel Co.
Sector Manufacturing
Buyer(s) APi Group
Deal Type Add-on Acquisition

Target Company

LeJeune Steel Co.

Minneampolis, Minnesota, United States
LeJeune Steel Co. is a premier steel fabricator with an output capacity of more than 40,000 tons of structural steel per year.
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Buyer Overview 1

Buyer

APi Group

New Brighton, Minnesota, United States

Category Company
Founded 1926
Sector Safety/Security
Employees29,000
Revenue 7.0B USD (2024)
DESCRIPTION
Entrance to API Group's corporate headquarters in New Brighton, Minnesota.
Entrance to API Group's corporate headquarters in New Brighton, Minnesota.

APi Group is a provider of safety, specialty and industrial services throughout North America and Europe. APi provides statutorily mandated and other contracted services to a strong base of long-standing customers across a variety of industries. APi Group was founded in 1926 and is based in New Brighton, Minnesota.


Deal Context for Buyer #
Overall 2 of 27
Sector: Manufacturing 1 of 2
Type: Add-on Acquisition 2 of 26
State: Minnesota 1 of 7
Country: United States 2 of 23
Year: 1989 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1982-01-01 Industrial Contractors

Bismarck, North Dakota, United States

Industrial Contractors, Inc. is a contractor in the commercial, industrial and power markets of the Midwest.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1994-01-01 Industrial Fabricators

Thorp, Wisconsin, United States

Industrial Fabricators, Inc. is a provider of industrial silencers used for both safety and environment. Industrial Fabricators, Inc. was established in 1975 and is headquartered in Thorp, Wisconsin.

Buy -