M&A Deal Summary

Jacquet Metals Acquires Swiss Steel - Special Steel Distribution Activities

On October 31, 2023, Jacquet Metals acquired distribution company Swiss Steel - Special Steel Distribution Activities from Swiss Steel Holding

Acquisition Highlights
  • This is Jacquet Metals’ 1st transaction in the Distribution sector.
  • This is Jacquet Metals’ 1st transaction in Czech Republic.

M&A Deal Summary

Date 2023-10-31
Target Swiss Steel - Special Steel Distribution Activities
Sector Distribution
Buyer(s) Jacquet Metals
Sellers(s) Swiss Steel Holding
Deal Type Divestiture

Target

Swiss Steel - Special Steel Distribution Activities

Czech Republic
Swiss Steel's Special Steel Distribution Activities are engaged in distribution of engineering steel in Poland, Slovakia, Hungary, Lithuania, Estonia and Latvi. Swiss Steel's Special Steel Distribution Activities are based in Czech Republic.

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Buyer(S) 1

Buyer

Jacquet Metals

Saint-Priest, France

Category Company
Founded 1962
Sector Distribution
Employees3,339
Revenue 2.2B EUR (2023)
DESCRIPTION

Jacquet Metals provides in the distribution of specialty steels. operates and develops a portfolio that currently consists of four brands: JACQUET (stainless steel quarto plates), STAPPERT (stainless steel long products), Abraservice (wear-resistant quarto plates), IMS group (engineering steels). Jacquet Metals has a network of 111 distribution centers in 25 countries in Europe, China, and North America. Jacquet Metals was founded in 1962 and is based in Saint-Priest, France.


DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 1
Country (Czech Republic) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-28 Abraservice Holding SAS

Saint-Priest, France

Abraservice Holding SAS engages in the distribution of wear resistant steels. Abraservice Holding SAS was incorporated in 2010 and is headquartered in Saint-Priest, France.

Sell -

Seller(S) 1

SELLER

Swiss Steel Holding

Lucerne, Switzerland

Category Company
Founded 1887
Sector Automotive
Employees7,565
Revenue 3.2B EUR (2023)
DESCRIPTION

Swiss Steel Holding is a supplier to nearly all major automotive manufacturers and automotive suppliers. Swiss Steel Holding was founded in 1887 and is based in Lucerne, Switzerland.


DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Divestiture) 1 of 1
Country (Czech Republic) 1 of 1
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-01 DK Automotive AG

Gelsenkirchen, Germany

DK Automotive supplies automobile manufacturers and automotive suppliers with parts and modules of fine blanks especially for the gearbox area.

Buy -