M&A Deal Summary

Nucor Acquires Precoat Metals - Paint line facility

On October 28, 2020, Nucor acquired metals/mining company Precoat Metals - Paint line facility from Precoat Metals

Acquisition Highlights
  • This is Nucor’s 17th transaction in the Metals/Mining sector.
  • This is Nucor’s 21st transaction in the United States.
  • This is Nucor’s 1st transaction in Arkansas.

M&A Deal Summary
Date 2020-10-28
Target Precoat Metals - Paint line facility
Sector Metals/Mining
Buyer(s) Nucor
Sellers(s) Precoat Metals
Deal Type Divestiture

Target

Precoat Metals - Paint line facility

Blytheville, Arkansas, United States
Precoat Metals Corp.'s Paint line facility is a provider of pre-painted sheet products. Precoat Metals' Paint line facility is based in Blytheville, Arkansas.

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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 24 of 35
Sector (Metals/Mining) 17 of 22
Type (Divestiture) 6 of 7
State (Arkansas) 1 of 1
Country (United States) 21 of 32
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-11 TrueCore

Laurens, South Carolina, United States

TrueCore LLC is an insulated metal panel manufacturing company. TrueCore produces insulated metal panels serving the cold storage market, with future plans for additional commercial and industrial applications. TrueCore LLC was founded in 2018 and is based in Laurens, South Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-07 Cornerstone Building Brands - Insulated Metal Panels Business

Cary, North Carolina, United States

Cornerstone Building Brands' Insulated Metal Panels Business is a manufacturer of insulated metal panels in North America, a lightweight cladding solution servicing all sub-sectors within the non-residential end market. The Company will sell seven manufacturing facilities, three offices, and a product innovation center, all located in North America.

Buy $1.0B

Seller(S) 1

SELLER

Precoat Metals

Saint Louis, Montana, United States
Category Company
Founded 1961
Sector Metals/Mining
DESCRIPTION

Precoat Metals, Inc. is an independent metal coil coater.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 1
State (Arkansas) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-16 Consolidated Metal Products - Processing Assets

United States

Consolidated Metal Products - Processing Assets includes application of paints and other coatings and films to metal coils, in addition to slitting, blanking, leveling, embossing, and packaging services.

Buy -
Mergr

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