M&A Deal Summary

ArcelorMittal Acquires M.T. Majdalani y Cia. S.A.

On December 11, 2007, ArcelorMittal acquired distribution company M.T. Majdalani y Cia. S.A.

Acquisition Highlights
  • This is ArcelorMittal’s 2nd transaction in the Distribution sector.
  • This is ArcelorMittal’s 1st transaction in Argentina.

M&A Deal Summary

Date 2007-12-11
Target M.T. Majdalani y Cia. S.A.
Sector Distribution
Buyer(s) ArcelorMittal
Deal Type Add-on Acquisition

Target

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.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

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 8 of 20
Sector: Distribution M&A 2 of 3
Type: Add-on Acquisition M&A Deals 6 of 15
Country: Argentina M&A 1 of 1
Year: 2007 M&A 6 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-06 OFZ a.s

Istebne, Slovakia

OFZ a.s is a manufacturer of a wide range of ferro-alloys on the basis of manganese and silicon, namely ferromanganese, ferromanganese silicon and ferro-silicon.

Buy -
FOLLOWING 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 -