.
MergerLinks Header Logo

New Deal


Announced

Nucor to acquire Steel Utility Structures and Sovereign Steel Manufacturing.

Synopsis

Nucor, a manufacturer of steel and steel products, agreed to acquire Steel Utility Structures and Sovereign Steel Manufacturing, producers of metal poles and other steel structures. Financial terms were not disclosed. "These acquisitions continue to position Nucor as the leader in steel and downstream steel products as part of our strategy to Grow the Core, Expand Beyond and Live Our Culture. These businesses fit well into the Expand Beyond part of our strategy to acquire companies who have a direct connection to our industry, offer significant growth opportunities and enhance Nucor's position as the leading manufacturing company in the metals industry. We intend to grow these businesses to become the preferred solutions provider for utility transmission towers, substations, telecommunication towers and highway signage structures," Leon Topalian, Nucor President and CEO.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US