M&A Deal Summary

ArcelorMittal Acquires Sicartsa

On April 23, 2007, ArcelorMittal acquired metals/mining company Sicartsa from Grupo Villacero S.A. de C.V. for 1.4B USD

Acquisition Highlights
  • This is ArcelorMittal’s 3rd transaction in the Metals/Mining sector.
  • This is ArcelorMittal’s 4th largest (disclosed) transaction.
  • This is ArcelorMittal’s 1st transaction in Mexico.

M&A Deal Summary

Date 2007-04-23
Target Sicartsa
Sector Metals/Mining
Buyer(s) ArcelorMittal
Sellers(s) Grupo Villacero S.A. de C.V.
Deal Type Divestiture
Deal Value 1.4B USD

Target

Sicartsa

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

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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 3 of 20
Sector: Metals/Mining M&A 3 of 14
Type: Divestiture M&A Deals 1 of 1
Country: Mexico M&A 1 of 1
Year: 2007 M&A 1 of 7
Size (of disclosed) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-25 Arcelor S.A.

Luxembourg, Luxembourg

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

Buy €26.5B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-05 Wabush Mines

Sept-iles, Quebec, Canada

Wabush Mines Ltd. is an iron ore and pellet producer in northeastern Canada.

Buy -

Seller(S) 1

SELLER

Grupo Villacero S.A. de C.V.

Monterrey, Mexico

Category Company
Founded 1955
Sector Metals/Mining
DESCRIPTION

Grupo Villacero, S.A. de C.V. is a manufacturer, marketer and distributor of steel products.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Mexico M&A 1 of 1
Year: 2007 M&A 1 of 1
Size (of disclosed) 1 of 1