M&A Deal Summary |
|
|---|---|
| Date | 2016-12-13 |
| Target | Marcegaglia USA - Stainless Steel Pipe & Tube Operations |
| Sector | Metals/Mining |
| Buyer(s) | Bristol Metals |
| Sellers(s) | Marcegaglia |
| Deal Type | Divestiture |
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Bristol Metals is a manufacturer of Stainless, duplex, super duplex, 6 moly, nickel alloy and titanium welded steel pipe. Bristol Metals was founded in 1941 and is based in Bristol, Tennessee.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Metals/Mining M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2016 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1959 |
| Sector | Metals/Mining |
| Employees | 6,500 |
Marcegaglia is a major industrial group worldwide in the steel processing sector, with a yearly output of 5.4 million tons (2015). The group has operations worldwide with 6,500 employees, 60 sales offices, 210 representatives and 39 manufacturing plants covering 6 million square metres, where 5,500 kilometres of carbon and stainless steel products are manufactured every day, serving more than 15,000 customers.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Metals/Mining M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2016 M&A | 1 of 1 |
