M&A Deal Summary

National Fuel Company Acquires Kuzbass Coal Mines

On January 19, 2015, National Fuel Company acquired metals/mining company Kuzbass Coal Mines from ArcelorMittal

Acquisition Highlights
  • This is National Fuel Company’s 1st transaction in the Metals/Mining sector.
  • This is National Fuel Company’s 1st transaction in Russia.

M&A Deal Summary

Date 2015-01-19
Target Kuzbass Coal Mines
Sector Metals/Mining
Buyer(s) National Fuel Company
Sellers(s) ArcelorMittal
Deal Type Divestiture

Target

Kuzbass Coal Mines

Russia
Kuzbass Coal Mines assets include the coal mines of Berezovskaya and Pervomaskaya, which together produce 700,000 tonnes of coal a year.

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Buyer(S) 1

Buyer

National Fuel Company

Moscow, Russia

Category Company
Founded 2014
Sector Metals/Mining
DESCRIPTION

National Fuel Company LLC, engages in the mines and trades coal.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Russia M&A 1 of 1
Year: 2015 M&A 1 of 1

Seller(S) 1

SELLER

ArcelorMittal

Luxembourg, Luxembourg

Category Company
Founded 1976
Sector Metals/Mining
Employees125,416
Revenue 62.4B USD (2024)
DESCRIPTION

ArcelorMittal is a provider of steel producer and mining company. Guided by a philosophy to produce safe, sustainable steel, it is the supplier of quality steel products in all major markets including automotive, construction, household appliances and packaging. ArcelorMittal was incorporated in 1976 and is based in Luxembourg City.


DEAL STATS #
Overall 5 of 10
Sector: Metals/Mining M&A 4 of 7
Type: Divestiture M&A Deals 4 of 9
Country: Russia M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-15 Gallatin Steel Co.

Ghent, Kentucky, United States

Gallatin Steel Company is a producer of flat-rolled products, with an annual capacity of approximately 1,800,000 tons.

Sell $770M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-24 ArcelorMittal - Long Carbon Steel Mills

United States

ArcelorMittal - Long Carbon Steel Mills is a producer of steelmaking and finishing operations focused on the production and sale of long carbon steel products in North America.

Sell -