Add-on Acquisition • Metals/Mining

Steel Dynamics Acquires Roca Acero

On May 16, 2022, Steel Dynamics acquired metals/mining company Roca Acero

Acquisition Context
  • This is Steel Dynamics’ 7th transaction in the Metals/Mining sector.
  • This is Steel Dynamics’ 2nd transaction in Mexico.

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M&A Deal Summary

Date May 16, 2022
Target Roca Acero
Sector Metals/Mining
Buyer(s) Steel Dynamics
Deal Type Add-on Acquisition

Target Company

Roca Acero

General Escobedo, Mexico
Roca Acero operates a ferrous and nonferrous scrap metals recycling business. ROCA's primary operations are comprised of four scrap processing facilities, strategically positioned near high-volume industrial scrap sources located throughout Central and Northern Mexico. Roca Acero is based in General Escobedo, Mexico.
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Buyer Overview 1

Buyer

Steel Dynamics

Fort Wayne, Indiana, United States

Category Company
Founded 1993
Sector Metals/Mining
Employees13,000
Revenue 17.5B USD (2024)
DESCRIPTION

Steel Dynamics is a steel producer and metal recycler. The Company's primary source of revenues are from the manufacture and sale of steel products, processing and sale of recycled ferrous and nonferrous metals, and fabrication and sale of steel joists and deck products. Steel Dynamics was founded in 1993 and is based in Fort Wayne, Indiana.


Deal Context for Buyer #
Overall 10 of 10
Sector: Metals/Mining 7 of 7
Type: Add-on Acquisition 7 of 7
Country: Mexico 2 of 2
Year: 2022 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-14 New Process Steel

Houston, Texas, United States

New Process Steel is a metals solutions and distribution supply-chain management company with a focus on growing its value-added manufacturing applications. New Process Steel is based in Houston, Texas.

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