M&A Deal Summary

CMC Acquires MMFX Technologies

On October 27, 2017, CMC acquired metals/mining company MMFX Technologies

Acquisition Highlights
  • This is CMC’s 8th transaction in the Metals/Mining sector.
  • This is CMC’s 11th transaction in the United States.
  • This is CMC’s 2nd transaction in California.

M&A Deal Summary
Date 2017-10-27
Target MMFX Technologies
Sector Metals/Mining
Buyer(s) CMC
Deal Type Add-on Acquisition

Target

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.

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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 13 of 19
Sector (Metals/Mining) 8 of 10
Type (Add-on Acquisition) 13 of 18
State (California) 2 of 3
Country (United States) 11 of 17
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-09 Economy Steel

Las Vegas, Nevada, United States

Economy Steel, Inc. is a rebar fabricator, placer construction-related products supplier and steel service center.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-21 AZZ - Galvabar Business

Catoosa, Oklahoma, United States

AZZ's Galvabar Business is galvanized rebar with a zinc alloy coating that provides both superior corrosion protection and exceptional post-fabrication formability. GalvaBar can be fabricated without special equipment and gives control of product flow and customer service. GalvaBar utilizes the existing supply chains while providing superior customer service and availability.

Buy -
Mergr

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