M&A Deal Summary

Gerdau Ameristeel Acquires Sand Springs Metal Processing

On October 31, 2008, Gerdau Ameristeel acquired environmental company Sand Springs Metal Processing

Acquisition Highlights
  • This is Gerdau Ameristeel’s 1st transaction in the Environmental sector.
  • This is Gerdau Ameristeel’s 3rd transaction in the United States.
  • This is Gerdau Ameristeel’s 3rd transaction in Oklahoma.

M&A Deal Summary

Date 2008-10-31
Target Sand Springs Metal Processing
Sector Environmental
Buyer(s) Gerdau Ameristeel
Deal Type Add-on Acquisition

Target

Sand Springs Metal Processing

Sand Springs, Oklahoma, United States
Sand Springs Metal Processing Corp. is a provider of recycling and selling of ferrous and non ferrous scrap metal.

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Buyer(S) 1

Buyer

Gerdau Ameristeel

Tampa, Florida, United States

Category Company
Founded 1970
Sector Metals/Mining
Employees7,850
DESCRIPTION

Gerdau Ameristeel Corp. is a company in the production and distributor of long steel in the America.


DEAL STATS #
Overall 3 of 3
Sector (Environmental) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Oklahoma) 3 of 3
Country (United States) 3 of 3
Year (2008) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-04 Hearon Steel

Muskogee, Oklahoma, United States

Hearon Steel Co., Inc. is a provider of steel products in the United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-09 Gerdau Ameristeel - Bright Bar Assets

United States

Gerdau Ameristeel Corp. - Bright Bar Assets is a manufacturer of cold drawn steel bars for steel service centers and other markets across the U.S.

Sell -