The Melting Mergers - M&A in the steel industry (re. thyssenkrupp Tata Steel)

This morning thyssenkrupp and Tata Steel announced to form a joint-venture. Just a brief information about M&A in the steel industry:

• Since the mid 1980s, almost 8'000 deals had been announced with a value of almost 1 trillion USD. Since a peak in the years 2006 to 2008 consolidation had slowed down (see graph above).
• The most frequent acquirers in this industry seems to be Nippon Steel Corporation with more than 30 acquisitions since 1985 followed by Gerdau SA from Brazil and Baoshan Iron & Steel Co.

Interesting to note that the steel industry has been at the center of creating the M&A industry as such - with Andrew Carnegie and later J. P. Morgan leading to the formation of US Steel.

For more information about other industries, please feel free to have a look at our updated statistics: https://imaa-institute.org/m-and-a-by-industries/