M&A Deal Summary

Nucor Acquires Auburn Steel

On March 19, 2001, Nucor acquired metals/mining company Auburn Steel for 115M USD

Acquisition Highlights
  • This is Nucor’s 1st transaction in the Metals/Mining sector.
  • This is Nucor’s 15th largest (disclosed) transaction.
  • This is Nucor’s 1st transaction in the United States.
  • This is Nucor’s 1st transaction in New York.

M&A Deal Summary
Date 2001-03-19
Target Auburn Steel
Sector Metals/Mining
Buyer(s) Nucor
Deal Type Add-on Acquisition
Deal Value 115M USD

Target

Auburn Steel

Auburn, New York, United States
Auburn Steel Co., Inc. provides steel materials used in construction and various industries. Auburn's facility began operations in 1974 and has the capacity to produce up to 400,000 tons of merchant bar quality steel shapes.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Nucor

Charlotte, North Carolina, United States
Category Company
Founded 1905
Sector Metals/Mining
Employees32,000
Revenue 34.7B USD (2023)
DESCRIPTION
Nucor's corporate headquarters in Charlotte, North Carolina.
Nucor's corporate headquarters in Charlotte, North Carolina.

Nucor is a North American manufacturer of steel products. Products produced include carbon and alloy steel – in bars, beams, sheet and plate; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; steel fasteners; metal building systems; steel grating and expanded metal; and wire and wire mesh. Nucor was formed in 1905 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 1 of 35
Sector (Metals/Mining) 1 of 22
Type (Add-on Acquisition) 1 of 26
State (New York) 1 of 1
Country (United States) 1 of 32
Year (2001) 1 of 2
Size (of disclosed) 15 of 23
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-11-20 Itec Steel

Duluth, Georgia, United States

Itec Steel, Inc., and its wholly owned subsidiary, Steel Truss and Frame Corp., operates facilities in Texas and Georgia.

Buy $9M
Mergr

Product

Company

Legal