Merger • Metals/Mining

Premier Thermal Solutions Acquires Atmosphere Annealing

On March 16, 2017, Premier Thermal Solutions acquired metals/mining company Atmosphere Annealing from Gerdau

Acquisition Context
  • This is Premier Thermal Solutions’ 2nd transaction in the Metals/Mining sector.
  • This is Premier Thermal Solutions’ 2nd transaction in the United States.

Explore All 45 Merger Metals/Mining Deals - Search the Database Free


M&A Deal Summary

Date March 16, 2017
Target Atmosphere Annealing
Sector Metals/Mining
Buyer(s) Premier Thermal Solutions
Sellers(s) Gerdau
Deal Type Merger

Target Company

Atmosphere Annealing

United States
AA was started in the late 1970s with its first plant in Lansing, Michigan. Today, AA has four plants in Lansing, Michigan, Canton, Ohio and North Vernon, Indiana. AA has substantial metallurgical expertise and provides metal heat treating (including annealing, normalizing and quenching & tempering) and related services primarily to the automotive, light and heavy truck, agriculture and energy sectors. Parts processed by AA provide durability and dependability required for mechanically strenuous jobs. AA is on the approved vendor list for a vast majority of OEMs, Tier I and II suppliers.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

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

Search Free

Buyer Overview 1

Buyer

Premier Thermal Solutions

Lansing, Michigan, United States

Category Company
Sector Machinery
DESCRIPTION

Premier Thermal Solutions is a provider of metal treatment solutions. Premier Thermal Solutions is based in Lansing, Michigan.


Deal Context for Buyer #
Overall 2 of 3
Sector: Metals/Mining 2 of 3
Type: Merger 2 of 2
Country: United States 2 of 3
Year: 2017 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-16 NitroSteel

United States

NitroSteel is the only domestic provider of nitro-carburized bars and tubes in the 13-24' range. NitroSteel's nitro-carburizing process is a "green" alternative to chrome (i.e., no hazardous by-products) and provides improved wear resistance, better lubrication retention, dent resistance, increased service life and can last up to three times longer. Products are used in machinery and equipment in outdoor settings in the agricultural, energy, industrial, mobile equipment and military end-markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-01 Al-Fe Heat Treating

Fort Wayne, Indiana, United States

Al-Fe Heat Treating, Inc. is a commercial aluminum heat treater in the United States with four plants in Defiance, Ohio, Saginaw, Michigan, Wadsworth, Indiana, and Wabash, Indiana.

Buy -

Seller Profile 1

SELLER

Gerdau

Sao Paulo, Brazil

Category Company
Founded 1901
Sector Metals/Mining
Employees30,000
Revenue 67.0B BRL (2024)
DESCRIPTION

Gerdau is a producer and supplier of long steel. Gerdau was formed in 1901 and is based in Sao Paulo, Brazil.


Deal Context for Seller #
Overall 4 of 4
Sector: Metals/Mining 3 of 3
Type: Merger 2 of 2
Country: United States 3 of 3
Year: 2017 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-16 NitroSteel

United States

NitroSteel is the only domestic provider of nitro-carburized bars and tubes in the 13-24' range. NitroSteel's nitro-carburizing process is a "green" alternative to chrome (i.e., no hazardous by-products) and provides improved wear resistance, better lubrication retention, dent resistance, increased service life and can last up to three times longer. Products are used in machinery and equipment in outdoor settings in the agricultural, energy, industrial, mobile equipment and military end-markets.

Sell -

Explore Related M&A Activity