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New Deal


Announced

Completed

Commercial Metals Company completed the acquisition of Tendon Systems.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Domestic

Completed

Single Bidder

Private

construction services

United States

Construction Services

Acquisition

Majority

Synopsis

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Commercial Metals Company, a steel and metal manufacturer, completed the acquisition of Tendon Systems, a concrete construction company that provides barrier cables, post-tensioning systems, engineered services and concrete restoration. Financial terms were not disclosed. "This acquisition further advances our leadership position in construction reinforcement, complements our existing position in post-tensioning cable, and provides CMC with additional capabilities to serve our customers. Tendon adds valuable expertise, innovative products, and a trusted reputation to the CMC portfolio," Barbara R. Smith, Chairman of the Board, President, and CEO.

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