M&A Deal Summary |
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---|---|
Date | 2007-03-29 |
Target | Lone Star Technologies |
Sector | Manufacturing |
Buyer(s) | U. S. Steel |
Deal Type | Add-on Acquisition |
Deal Value | 2.1B USD |
Advisor(s) | Goldman Sachs (Financial) Weil Gotshal & Manges (Legal) |
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Category | Company |
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Founded | 1901 |
Sector | Metals/Mining |
Employees | 23,350 |
Revenue | 21.1B USD (2022) |
U. S. Steel is an integrated steel producer with major production operations in the United States, Canada and Central Europe and an annual raw steelmaking capability of 27 million net tons. The company manufactures a wide range of value-added steel sheet and tubular products for the automotive, appliance, container, industrial machinery, construction, and oil and gas industries. U. S. Steel was founded in 1901 and is based in Pittsburgh, Pennsylvania.
DEAL STATS | # |
---|---|
Overall | 3 of 6 |
Sector (Manufacturing) | 1 of 1 |
Type (Add-on Acquisition) | 2 of 5 |
State (Texas) | 2 of 2 |
Country (United States) | 3 of 5 |
Year (2007) | 1 of 2 |
Size (of disclosed) | 1 of 3 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2003-01-09 |
National Steel
Mishawaka, Indiana, United States National Steel Corporation was an integrated steel producer based in Mishawaka, Indiana. National Steel operated plants in Canton, Ecorse and River Rouge, Michigan; Granite City, Illinois; and Portage, Indiana. |
Buy | $950M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2007-08-27 |
Stelco
Hamilton, Ontario, Canada Stelco is a steel company fully integrated, industry major facilities are among the safest, environmentally progressive, and productive steel plants in the world. Powered by Canadian craftsmanship, Stelco's operations in Hamilton and Nanticoke reflect the strength of each community. Together with employing more than 2,200 people, these fully integrated, industry-leading facilities are among the safest, environmentally progressive, and productive steel plants in the world. Hamilton Works is located on the shore of Lake Ontario in Hamilton, Ontario. Lake Erie Works is located in Nanticoke, Ontario, on the shores of Lake Erie. Stelco produces high-quality steel that is used primarily in the North American automotive, construction, infrastructure, appliance, manufacturing and pipe, and tube industries. Stelco was founded in 1910 and is based in Hamilton, Ontario. |
Buy | CA$1.0B |