M&A Deal Summary

ArcelorMittal Acquires Eisen Wagner

On February 1, 2008, ArcelorMittal acquired distribution company Eisen Wagner from Lead Equities Group

Acquisition Highlights
  • This is ArcelorMittal’s 3rd transaction in the Distribution sector.
  • This is ArcelorMittal’s 1st transaction in Austria.

M&A Deal Summary
Date 2008-02-01
Target Eisen Wagner
Sector Distribution
Buyer(s) ArcelorMittal
Sellers(s) Lead Equities Group
Deal Type Add-on Acquisition
Advisor(s) Lincoln International (Financial)

Target

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.

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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 10 of 19
Sector (Distribution) 3 of 3
Type (Add-on Acquisition) 8 of 15
Country (Austria) 1 of 1
Year (2008) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-24 Cínter SA

Montevideo, Uruguay

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

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-09 Bakermet

Ottawa, Ontario, Canada

Bakermet, Inc. is a scrap metal recycler specializes in all types of ferrous and nonferrous metals, processed approximately 130,000 short tons of ferrous and 40 million pounds of nonferrous metals in 2007.

Buy -

Seller(S) 1

SELLER

Lead Equities Group

Vienna, Austria

Investor Investor Investor

Category Private Equity Firm
Founded 2001
PE ASSETS 115M EUR
Size Small
Type Sector Agnostic
DESCRIPTION

Lead Equities is private equity firm that seeks mid-market buyout and growth capital in 'old economy' businesses. Lead prefers businesses located in Austria and surrounding countries. Target sectors include automotive, engineering, electronics, healthcare, and consumer-related businesses. Lead Equities was founded in 2001 and is based in Vienna.

DEAL STATS #
Overall 3 of 7
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Austria) 2 of 3
Year (2008) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-01 JCL Logistics Germany

Lichtenfels, Germany

JCL Logistics Germany GmbH is a provider of logistics services in the alpine region. The range of services comprises furniture logistics, textile logistics, e-commerce and surface freight including sea freight.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-15 Palmers Textil Group

Vienna, Austria

The Palmers Lejaby Group is one of the three biggest European suppliers in the field "Close to skin" products. The company has with Palmers, p2, Lejaby and Rasurel four of the most famous brands.

Sell -
Mergr

Product

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