M&A Deal Summary

Niagara Acquires LaSalle Steel Co.

On January 1, 1997, Niagara acquired metals/mining company LaSalle Steel Co. from Quanex Building Products

Acquisition Highlights
  • This is Niagara’s 1st transaction in the Metals/Mining sector.
  • This is Niagara’s 1st transaction in the United States.
  • This is Niagara’s 1st transaction in Indiana.

M&A Deal Summary

Date 1997-01-01
Target LaSalle Steel Co.
Sector Metals/Mining
Buyer(s) Niagara
Sellers(s) Quanex Building Products
Deal Type Divestiture

Target

LaSalle Steel Co.

Hammond, Indiana, United States

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Buyer(S) 1

Buyer

Niagara

New York, New York, United States

Category Company
Founded 1993
Sector Metals/Mining
Employees1,108
DESCRIPTION

Niagara Corporation provides cold finished and hot rolled steel products.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Indiana M&A 1 of 1
Country: United States M&A 1 of 1
Year: 1997 M&A 1 of 1

Seller(S) 1

SELLER

Quanex Building Products

Houston, Texas, United States

Category Company
Founded 1927
Sector Building Materials
Employees7,068
Revenue 1.3B USD (2024)
DESCRIPTION

Quanex Building Products is a manufacturer of engineered materials, components, and systems serving the U.S. residential window and door markets. Quanex Building Products was founded in 1927 and is based in Houston, Texas.


DEAL STATS #
Overall 2 of 3
Sector: Metals/Mining M&A 1 of 2
Type: Divestiture M&A Deals 2 of 2
State: Indiana M&A 1 of 1
Country: United States M&A 2 of 3
Year: 1997 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-01-01 Tube Group Operations

United States

Tube Group Operations manufactures cold-drawn stainless steel tubing, welded steel tubes and seamless steel pipes.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-04-04 Imperial Products

Richmond, Indiana, United States

Imperial Products LLC is a manufacturer of high quality exterior door components and systems for the residential home building market. The Company's products included adjustable and fixed thresholds, fully assembled astragals, patio door systems, and assorted components including weather-stripping and seals.

Buy -