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  5. Jennmar Acquires SSAB - Rock Bolt Production

M&A Deal Summary

Jennmar Acquires SSAB - Rock Bolt Production

On February 3, 2025, Jennmar acquired metals/mining company SSAB - Rock Bolt Production from SSAB

Acquisition Highlights
  • This is Jennmar’s 2nd transaction in the Metals/Mining sector.
  • This is Jennmar’s 1st transaction in Sweden.

M&A Deal Summary
Date 2025-02-03
Target SSAB - Rock Bolt Production
Sector Metals/Mining
Buyer(s) Jennmar
Sellers(s) SSAB
Deal Type Divestiture

Target

SSAB - Rock Bolt Production

Virsbo, Sweden
SSAB's Rock Bolt Production Facility provides rock bolt production facility in Virsbo, Sweden.

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Buyer(S) 1

Buyer

Jennmar

Pittsburgh, Pennsylvania, United States
Category Company
Founded 1997
Sector Manufacturing
DESCRIPTION

Jennmar is a provider of infrastructure products and specialized services to the civil infrastructure, solar, mining, and construction industries. Jennmar was founded in 1997 and is based in Pittsburgh, Pennsylvania.

DEAL STATS #
Overall 5 of 6
Sector (Metals/Mining) 2 of 2
Type (Divestiture) 2 of 2
Country (Sweden) 1 of 1
Year (2025) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-09 Pyro-Chem

South Point, Ohio, United States

Pyro-Chem is a producer of pre-mixed, fire-retardant ventilation sealants for the underground mining industry. Pyro-Chem was founded in 1992 and is based in South Point, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-04-03 All Tech Engineering

Wyoming, Michigan, United States

All Tech Engineering is a specialized provider of automated machinery and engineering solutions. All Tech Engineering designs and manufactures cutting-edge equipment for industries such as alternative energy, defense, medical, automotive, aerospace, and more. All Tech Engineering is based in Wyoming, Michigan.

Buy -

Seller(S) 1

SELLER

SSAB

Stockholm, Sweden
Category Company
Founded 1878
Sector Metals/Mining
Employees14,486
Revenue 116.5B SEK (2023)
DESCRIPTION

SSAB is a producer on the global market for Advanced High Strength Steels (AHSS) and Quenched & Tempered Steels (Q&T), strip, plate and tubular products, as well as construction solutions. SSAB was founded in 1878 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 3 of 3
Sector (Metals/Mining) 2 of 2
Type (Divestiture) 3 of 3
Country (Sweden) 1 of 1
Year (2025) 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.

Buy -
Mergr

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