CMC Completes Purchase of German Steel Fabricator

Resource from: CBCC Likes:2968

Jan 08,2007

Commercial Metals Company, headquartered in Irving, Texas, announced that it completed the acquisition of substantially all the operating assets of a steel fabrication business in Rosslau/Saxony-Anhalt in eastern Germany. The acquisition by CMC's subsidiary, Commercial Metals Deutschland GmbH, was announced in late November subject to regulatory approval and other conditions precedent. Bruhler Stahlhandel GmbH had previously owned and operated the facility. The fabrication unit has an annual capacity of 40,000 tons with customers in the eastern and western part of Germany serving the construction industry. It reaches the major markets surrounding Leipzig, Halle, Berlin, Hanover and Hamburg. Commercial Metals Company and subsidiaries manufacture, recycle and market steel and metal products, related materials and services through a network including steel minimills, steel fabrication and processing plants, construction-related product warehouses, a copper tube mill, metal recycling facilities and marketing and distribution offices in the United States and in strategic overseas markets.

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