M&A Deal Summary

Ternium Acquires ThyssenKrupp Companhia Siderúrgica do Atlântico

On February 21, 2017, Ternium acquired metals/mining company ThyssenKrupp Companhia Siderúrgica do Atlântico from thyssenkrupp for 1.5B EUR

Acquisition Highlights
  • This is Ternium’s 3rd transaction in the Metals/Mining sector.
  • This is Ternium’s largest (disclosed) transaction.
  • This is Ternium’s 2nd transaction in Brazil.

M&A Deal Summary
Date 2017-02-21
Target ThyssenKrupp Companhia Siderúrgica do Atlântico
Sector Metals/Mining
Buyer(s) Ternium
Sellers(s) thyssenkrupp
Deal Type Divestiture
Deal Value 1.5B EUR

Target

ThyssenKrupp Companhia Siderúrgica do Atlântico

Rio de Janeiro, Brazil
ThyssenKrupp Companhia Siderúrgica do Atlântico is a steel slab producer with a steelmaking facility located in the state of Rio de Janeiro, Brazil, and has an annual production capacity of 5 million tons of high-end steel slabs, a deep-water harbor and a 490 MW combined cycle power plant.

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Buyer(S) 1

Buyer

Ternium

Luxembourg, Luxembourg
Category Company
Founded 1961
Sector Metals/Mining
Employees34,458
Revenue 17.6B USD (2023)
DESCRIPTION

Ternium manufactures and processes a broad range of steel products, with the most advanced technology. Ternium was founded in 1961 and is based in Luxembourg City, Luxembourg.

DEAL STATS #
Overall 3 of 3
Sector (Metals/Mining) 3 of 3
Type (Divestiture) 1 of 1
Country (Brazil) 2 of 2
Year (2017) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-20 Ferrasa S.A.S.

Itagui, Colombia

Ferrasa is a long and flat steel products processor and distributor in Colombia and a scrap-based long steel manufacturer, with finished steel annual production capacity of approximately 480,000 tons and annual sales of close to 600,000 tons, of which approximately 70% are long products and 30% are flat and tubular products, used mainly in the construction sector.

Buy -

Seller(S) 1

SELLER

thyssenkrupp

Essen, Germany
Category Company
Founded 1811
Sector Diversified
Employees101,592
Revenue 37.5B EUR (2023)
DESCRIPTION

thyssenKrupp is a multinational conglomerate corporation operating two divisions Materials and Technologies. The Materials division produces carbon steel, and stainless steel, and as well as produces material services while the Technology Division focuses on elevator, plant and components technology, and marine solutions. thyssenKrupp was founded in 1811 and is based in Essen, Germany.

DEAL STATS #
Overall 10 of 12
Sector (Metals/Mining) 3 of 4
Type (Divestiture) 7 of 9
Country (Brazil) 1 of 1
Year (2017) 1 of 1
Size (of disclosed) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-31 VDM Metals Holding

Werdohl, Germany

VDM Metals Holding GmbH is a producer of specialty nickel alloys. VDM develops and manufactures nickel, cobalt and zirconium alloys as well as high-alloyed special stainless steels. VDM Metals Holding GmbH was founded in 1930 and is based in Werdohl, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-27 TK Elevator

Düsseldorf, Germany

TK Elevator is a global provider of elevators, escalators, and other innovative passenger transportation solutions. TK Elevator is based in Dusseldorf, Germany.

Sell -
Mergr

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