Investment Summary

ArcelorMittal Invests In Vallourec

On August 6, 2024, ArcelorMittal invested in energy services and equipment company Vallourec from Apollo Global Management

Investment Highlights
  • This is ArcelorMittal’s 1st transaction in the Energy Services and Equipment sector.
  • This is ArcelorMittal’s 1st transaction in France.

Investment Summary

Date 2024-08-06
Target Vallourec
Sector Energy Services and Equipment
Investor(s) ArcelorMittal
Sellers(s) Apollo Global Management
Deal Type Stake Purchase

Target

Vallourec

Meudon, France
Vallourec, through its subsidiaries, provides tubular solutions primarily for the energy markets and other industrial applications in Europe, North America, South America, Asia, and internationally. Vallourec was founded in 1895 and is based in Meudon, France.

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Investor(S) 1

Investor

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 20 of 20
Sector: Energy Services and Equipment M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: France M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-28 Companhia Siderúrgica do Pecém

Ceara, Brazil

Companhia Siderúrgica do Pecém is a modern steel company that uses clean, state-of-the-art technology and whose guidelines are based on sustainability in of its all aspects – environmental, social, and economic. Companhia Siderúrgica do Pecém is based in Ceara, Brazil.

Buy $2.2B

Seller(S) 1

SELLER

Apollo Global Management

New York, New York, United States

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1990
PE ASSETS 72.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Apollo Global Management is a global alternative investment firm. The Firm segments its activity between private equity, capital markets, real estate, and publicly traded investment funds. Within private equity, Apollo targets traditional buyouts, distressed situations, as well as minority investments to help companies make acquisitions or fund other needs. Sectors of interest include chemicals, commodities, consumer/retail, distribution, transportation, financial services, business services, manufacturing, industrial, media/cable/leisure, packaging, and satellite/wireless. Apollo's geographic coverage spans Europe, North America, and Asia. Apollo manages publicly traded Apollo Investment Corporation, which provides equity and junior capital to middle-market companies, as well as Apollo Commercial Real Estate Finance, Inc. Apollo Global Management was formed in 1990 and is based in New York City.


DEAL STATS #
Overall 73 of 77
Sector: Energy Services and Equipment M&A 4 of 4
Type: Stake Purchase M&A Deals 1 of 1
Country: France M&A 3 of 3
Year: 2024 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-25 Evri

Leeds, United Kingdom

Evri is a parcel delivery company with a strong national network purpose-built for third-party e-commerce parcels and a differentiated last-mile delivery model. Evri is based in Leeds, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-05 Beequip

Rotterdam, Netherlands

Beequip offers financing and leasing solutions for new and used heavy equipment spanning transport, cranes, containers, maritime, and more. Beequip was founded in 2015 and is based in Rotterdam, Netherlands,

Buy -