M&A Deal Summary

ArcelorMittal Acquires Arcelor S.A.

On June 25, 2006, ArcelorMittal acquired metals/mining company Arcelor S.A. for 26.5B EUR

Acquisition Highlights
  • This is ArcelorMittal’s 2nd transaction in the Metals/Mining sector.
  • This is ArcelorMittal’s largest (disclosed) transaction.
  • This is ArcelorMittal’s 1st transaction in Luxembourg.

M&A Deal Summary

Date 2006-06-25
Target Arcelor S.A.
Sector Metals/Mining
Buyer(s) ArcelorMittal
Deal Type Merger
Deal Value 26.5B EUR

Target

Arcelor S.A.

Luxembourg, Luxembourg
Arcelor S.A. is a steel producer. Arcelor products include flat carbon steel, long carbon steel, and stainless steel.

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Buyer(S) 1

Buyer

ArcelorMittal

Luxembourg, Luxembourg

Category Company
Founded 1976
Sector Metals/Mining
Employees126,756
Revenue 68.3B USD (2023)
DESCRIPTION

ArcelorMittal is a provider of steel producer and mining company. Guided by a philosophy to produce safe, sustainable steel, it is the supplier of quality steel products in all major markets including automotive, construction, household appliances and packaging. ArcelorMittal was incorporated in 1976 and is based in Luxembourg City.


DEAL STATS #
Overall 2 of 19
Sector (Metals/Mining) 2 of 14
Type (Merger) 1 of 1
Country (Luxembourg) 1 of 1
Year (2006) 1 of 1
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-02-17 Bayou Steel

Harriman, Tennessee, United States

Bayou Steel Corp. is a producer of medium and light structural steel and bar size products.

Buy $475M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-23 Sicartsa

Mexico

Sicartsa is a fully integrated producer of long steel, with an annual production capacity of approximately 2.7 million tonnes.

Buy $1.4B