M&A Deal Summary

ArcelorMittal Acquires Cínter SA

On December 24, 2007, ArcelorMittal acquired metals/mining company Cínter SA

Acquisition Highlights
  • This is ArcelorMittal’s 7th transaction in the Metals/Mining sector.
  • This is ArcelorMittal’s 1st transaction in Uruguay.

M&A Deal Summary

Date 2007-12-24
Target Cínter SA
Sector Metals/Mining
Buyer(s) ArcelorMittal
Deal Type Add-on Acquisition

Target

Cínter SA

Montevideo, Uruguay
Cínter SA is a stainless steel tube producer located in Uruguay.

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Buyer(S) 1

Buyer

ArcelorMittal

Luxembourg, Luxembourg

Category Company
Founded 1976
Sector Metals/Mining
Employees125,416
Revenue 62.4B USD (2024)
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 9 of 20
Sector: Metals/Mining M&A 7 of 14
Type: Add-on Acquisition M&A Deals 7 of 15
Country: Uruguay M&A 1 of 1
Year: 2007 M&A 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-11 M.T. Majdalani y Cia. S.A.

Tortuguitas, Argentina

M.T. Majdalani y Cia. S.A. is a stainless steel service center and distributor in Argentina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-01 Eisen Wagner

Ried im Innkreis, Austria

Eisen Wagner GmbH is a Austrian steel and metal distributors. The company operates five distribution and service centers, and offers its customers in Austria, Germany and Eastern Europe extensive services around the topic of steel and metal.

Buy -