Add-on Acquisition • Environmental

Gerdau Ameristeel Acquires Sand Springs Metal Processing

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

Acquisition Context
  • 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.

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M&A Deal Summary

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

Target Company

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 Overview 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 Context for Buyer #
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 Co.

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 -