M&A Deal Summary

Nucor Acquires Omega Joists

On March 1, 2017, Nucor acquired metals/mining company Omega Joists from Samuel Son

Acquisition Highlights
  • This is Nucor’s 15th transaction in the Metals/Mining sector.
  • This is Nucor’s 2nd transaction in Canada.
  • This is Nucor’s 1st transaction in Alberta.

M&A Deal Summary
Date 2017-03-01
Target Omega Joists
Sector Metals/Mining
Buyer(s) Nucor
Sellers(s) Samuel Son
Deal Type Divestiture

Target

Omega Joists

Nisku, Alberta, Canada
Omega Joists, Inc. is a producer of open web steel joists at its manufacturing facility located in Nisku, Alberta, and also has sales offices in western British Columbia and southern Alberta.

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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 21 of 35
Sector (Metals/Mining) 15 of 22
Type (Divestiture) 5 of 7
State (Alberta) 1 of 1
Country (Canada) 2 of 2
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-06 Southland Tube

Birmingham, Alabama, United States

Southland Tube, Inc. is an independent manufacturer of hollow structural section (HSS) steel tubing.

Buy $130M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-29 Corporacion POK S.A. de C.V.

Santa Anita, Mexico

Corporacion POK, S.A. de C.V. is a fully integrated precision castings company with a facility in Guadalajara, Mexico. POK produces complex castings and precision machined products used by oil and gas, mining and sugar processing industries.

Buy -

Seller(S) 1

SELLER

Samuel Son

Mississauga,, Ontario, Canada
Category Company
Founded 1855
Sector Metals/Mining
DESCRIPTION

Samuel, Son & Co., Ltd. is a processor and distributor of carbon steel, stainless steel, and aluminum in North America.

DEAL STATS #
Overall 2 of 3
Sector (Metals/Mining) 1 of 2
Type (Divestiture) 2 of 3
State (Alberta) 1 of 1
Country (Canada) 1 of 2
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-30 Wilkinson Steel & Metals

Vancouver, British Columbia, Canada

Wilkinson Steel & Metals, Inc. is a distributor of steel and metal products for customers in Western Canada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-07 Burloak Technologies

Dundas, Ontario, Canada

Burloak Technologies, Inc. is a manufacturer of highly engineered additive metal and plastic components for demanding applications.

Buy -
Mergr

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