M&A Deal Summary

Severstal Acquires Severstal Export Miami

On December 29, 2014, Severstal acquired distribution company Severstal Export Miami

Acquisition Highlights
  • This is Severstal’s 1st transaction in the Distribution sector.
  • This is Severstal’s 2nd transaction in the United States.
  • This is Severstal’s 1st transaction in Florida.

M&A Deal Summary

Date 2014-12-29
Target Severstal Export Miami
Sector Distribution
Buyer(s) Severstal
Deal Type Add-on Acquisition

Target

Severstal Export Miami

Miami, Florida, United States
Severstal Export Miami Corp. is a distributor of steel products.

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Buyer(S) 1

Buyer

Severstal

Moscow, Russia

Category Company
Founded 1955
Sector Metals/Mining
Revenue 728.3B RUB (2023)
DESCRIPTION

Severstal is a steel producer. Severstal was founded in 1955 and is based in Moscow, Russia.


DEAL STATS #
Overall 2 of 2
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Florida M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-21 Severstal Columbus

Columbus, Mississippi, United States

Columbus is a North American mini-mill with an estimated annual hot roll production capacity of 3.4 million tons. Columbus produces a broad range of high-quality hot-rolled, cold-rolled and galvanized sheet products for customers primarily in the distributor, construction, automotive and pipe and tube markets. Columbus is strategically located in Mississippi to serve the high-growth markets in the Southern U.S. and Mexico.

Sell $1.6B