M&A Deal Summary

Handan Iron & Steel Co. Acquires Hansteel Hanbao Iron and Steel Co.

On August 18, 2009, Handan Iron & Steel Co. acquired metals/mining company Hansteel Hanbao Iron and Steel Co.

Acquisition Highlights
  • This is Handan Iron & Steel Co.’s 1st transaction in the Metals/Mining sector.
  • This is Handan Iron & Steel Co.’s 1st transaction in China.

M&A Deal Summary

Date 2009-08-18
Target Hansteel Hanbao Iron and Steel Co.
Sector Metals/Mining
Buyer(s) Handan Iron & Steel Co.
Deal Type Add-on Acquisition

Target

Hansteel Hanbao Iron and Steel Co.

Handan, China
Hansteel Hanbao Iron and Steel Co. Ltd. is a manufacturer of steel plates and steel products.

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Buyer(S) 1

Buyer

Handan Iron & Steel Co.

Handan, China

Category Company
Founded 1958
Sector Metals/Mining
DESCRIPTION

Handan Iron & Steel Co., Ltd. is a manufacturer and marketer of iron and steel products.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2009 M&A 1 of 1