M&A Deal Summary

CMC Acquires Economy Steel

On September 9, 2014, CMC acquired metals/mining company Economy Steel

Acquisition Highlights
  • This is CMC’s 7th transaction in the Metals/Mining sector.
  • This is CMC’s 10th transaction in the United States.
  • This is CMC’s 1st transaction in Nevada.

M&A Deal Summary
Date 2014-09-09
Target Economy Steel
Sector Metals/Mining
Buyer(s) CMC
Deal Type Add-on Acquisition

Target

Economy Steel

Las Vegas, Nevada, United States
Economy Steel, Inc. is a rebar fabricator, placer construction-related products supplier and steel service center.

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Buyer(S) 1

Buyer

CMC

Irving, Texas, United States
Category Company
Founded 1915
Sector Metals/Mining
Employees13,022
Revenue 8.8B USD (2023)
DESCRIPTION
Entrance to Commercial Metals' corporate headquarters in Irving, Texas.
Entrance to Commercial Metals' corporate headquarters in Irving, Texas.

CMC is a global manufacturer, recycler, marketer and distributor of steel and metal products, related materials and services. CMC was incorporated in 1915 and is based in Irving, Texas.

DEAL STATS #
Overall 12 of 19
Sector (Metals/Mining) 7 of 10
Type (Add-on Acquisition) 12 of 18
State (Nevada) 1 of 1
Country (United States) 10 of 17
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-03 G.A.M. Steel Pty.

Melbourne, Australia

G.A.M. Steel Pty. Ltd., is a distributor and processor of steel long products and plate. Servicing the structural fabrication, rural and manufacturing segments, G.A.M. offers a wide range of long products and is known for its excellent customer service.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-27 MMFX Technologies

Irvine, California, United States

MMFX Technologies Corp. is a marketer and seller of proprietary specialty steel products, including its ChrōmX line of high strength, corrosion-resistant rebar. MMFX operates out of Irvine, California, and its products are sold throughout the United States and Canada.

Buy -
Mergr

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