Acquisitions and divestments

Acquisitions and divestments

Closed  Transaction type  Company/Business  Description 
Nov 2018  Divestment

Ruukki Construction's business operations in Russia

 SSAB divested Ruukki Construction's business operations in Russia. 

Mar 2015  Divestment Halmstad Steel Service Center  SSAB divested Halmstad Steel Service Center in Sweden to Tata Steel
Mar 2015  Divestment
Halmstad Steel Service Center
SSAB divested Naantali Steel Service Center in Finland to Tata Steel
Mar 2015  Divestment  Norsk Stål Tynnplater  SSAB divested 50 percent of the shares in Norsk Stål Tynnplater AS
in Norway  to Tata Steel
Mar 2015  Divestment
Tibnor Oy SSAB divested Tibnor Oy in Finland to Ovako AB
Mar 2015
Norskt Stål AS SSAB divested 50 percent of the shares in Norsk Stål AS
in Norway to Leif Hübert AS
Feb 2015  Divestment
Plannja Oy SSAB divested Plannja Oy in Finland to Metehe Oy
Dec 2014  Joint venture Manga LNG Oy SSAB invested in Manga LNG Oy, a project company aiming to build a liquefied natural gas (LNG) terminal in Tornio, Finland.
Manga LNG Oy is a joint venture of Outokumpu Oyj, SSAB, Skangass and EPV Energia Oy. SSAB's share of the terminal project is 25 percent.
Jul 2014  Acquisition Rautaruukki Corporation SSAB and Rautaruukki combined through recommended share exchange offer to Rautaruukki’s shareholders
Jun 2014 Acquisition  G&G Mining Fabrication Pty Ltd. SSAB acquired 51 percent of the shares in G&G Mining Fabrication Pty Ltd in Perth, Western Australia.
The company specializes in refurbishment, manufacturing and design of large fabrications for heavy earth moving equipment,
with focus on backhoe, loader and face shovel buckets and service modules
Aug 2013 Joint venture
Laverman Holding BV SSAB combined its Hardox Wearparts Center Geha Beheer BV (Geha) with Laverman Holding BV (Laverman). The combined Geha-Laverman is a strong,
complete supplier with a comprehensive range of wear products and services. SSAB's ownership in the combined company is 51 percent 
Jun 2013  Acquisition JL Steel Ltd SSAB acquired JL Steel Ltd, a company specializing in manufacturing and installation of wear parts,
and repair services for customers within the mining, quarrying and recycling sectors in Scotland and northern England 
Mar 2014 Joint venture Raahen Voima Oy Rautaruukki and EPV Energia Oy established a joint venture company Raahen Voima Oy, with the aim of acquiring
Ruukki's existing power plant business and investing in modernising the plant. Ruukki owns 75% of the new company and EPV 25% 
Dec 2012 Divestment Ruukki Tisza Zrt and Ruukki Slovakia s.r.o as well as net assets of Wroclaw, Kurikka,
Sepänkylä and Kalajoki component factory units
Rautaruukki and funds managed by CapMan combined units of Komas and units of Rautaruukki's former
Engineering division to form a new company Fortaco, a supplier of sub-assemblies to engineering industry 
Jun 2012
Acquisition Plåtleverantören i Stockholm AB  Rautaruukki expanded its Ruukki Express chain for professional roofers and builders through
acquisition of Plåtleverantören i Stockholm AB 
Jun 2012
Divestment Plannja's panel production SSAB divested sandwich panel and decking profile business primarily located in Luleå, Sweden to Lindab 
Feb 2012 Acquisition  E.M Eriksson Steel Service Center AB SSAB acquired E.M Eriksson Steel Service Center AB, a Swedish company specializing in high strength steel laser cutting,
high definition plasma cutting, shear cutting and bending 
Sep 2011  Acquisition  Hard Wear Inc. SSAB acquired Hard Wear Inc, a company servicing large buckets used in heavy machinery and fabricating steel plate for reinforcing
wear surfaces on industrial equipment in Alabama, USA 
May 2011 Acquisition
Tibnor AB SSAB became the sole owner of steel and non-ferrous metals distributor Tibnor by acquiring Outokumpu’s 15 percent minority share in the company 
Mar 2011 Acquisition
Oulun Peltituote Oy Rautaruukki expanded its Ruukki Express chain for construction professionals in Finland through acquisition of business activities of Oulun Peltituote Oy 
Apr 2010 Acquisition
SeeBA Technik GmbH Rautaruukki acquired wind turbine tower design, erection and maintenance operations of SeeBA Technik GmbH in Germany 
Feb 2009
Skalles Eiendomsselskap AS  Rautaruukki acquired Norwegian steel frame constructor Skalles Eiendomsselskap AS
Dec 2008 Acquisition
UAB Gensina Rautaruukki acquired Lithuanian steel frame constructor UAB Gensina 
Nov 2008 Divestment Colour-coating line in Gävle Rautaruukki divested color-coating line in Gävle, Sweden 
Jun 2008 Divestment
IPSCO Tubulars SSAB divested its North American tubular operations to Evraz
Jun 2008 Divestment
Carl Froh GmbH Rautaruukki divested its German precision tube company Carl Froh GmbH to German Arques Industries AG 
Apr 2008 Aquisition Hybri-Steel Oy Rautaruukki acquired the laser and hybrid welding operations of Finnish Hybri-Steel Oy
Feb 2008 Aquisition
Wolter Metallverarbeitung GmbH Rautaruukki acquired Wolter Metallverarbeitung GmbH, a German manufacturer of telescopic booms for mobile cranes
Nov 2007 Divestment Ruukki Welbond BV, Ruukki Betongstahl GmbH Rautaruukki divested reinforcing steel business of Ruukki Betonstahl GmbH in Germany and Ruukki Welbond BV in Netherlands
to Saudi Arabian Al-Tuwairqi Group 
Jul 2007
IPSCO Inc. SSAB acquired IPSCO, a leading producer of energy tubulars and steel plate in North America, through a recommended public cash offer 
May 2007
Aprítógépgyár Zrt.
Rautaruukki acquired Aprítógépgyár Zrt. in Hungary, a supplier to lifting, handling and transportation equipment industry 
Apr 2007 Aquisition
Scanbridge AS Rautaruukki acquired Scanbridge AS, a Norwegian steel bridge supplier 
Mar 2007  Aquisition
Steinwalls Plåt AB SSAB acquired Steinwalls Plåt AB, a Swedish sheet metal construction components and ventilation supplier 
Jan 2007 Aquisition
AB Omeo Mekaniska Verkstad Rautaruukki acquired AB Omeo Mekaniska Verkstad in Sweden, a supplier to lifting, handling and transportation equipment industry 
Nov 2006 Divestment Oy Ovako AB Rautaruukki, AB SKF and Wärtsilä Corporation divested operating companies owned by Oy Ovako Ab to a company owned by the shareholders
of Hombergh Holdings BV, WP de Pundert Ventures BV and Pampus Industrie Beteiligungen GmbH & Co. KG. Ovako was established in May 2005,
when Rautaruukki, AB SKF and Wärtsilä combined their long steel businesses into a jointly owned new company
Jun 2006 Aquisition  OOO Ventall Rautaruukki acquired Russian steel constructor OOO Ventall
Jun 2006
AZST-Kolor CJSC Rautaruukki acquired AZST-Kolor CJSC, a company operating color coating line in Antratsit, Ukraine 
Mar 2006 Aquisition
Steel-Mont a.s. Rautaruukki acquired Slovakian steel constructor Steel-Mont a.s.
Jan 2006 Aquisition
PPTH Steelmanagement Oy  Rautaruukki acquired PPTH Steelmanagement Oy from funds managed by private equity investor
CapMan and the company's management. PPTH is a leading Nordic steel constructor
Nov 2006 Divestment Fredericia works Rautaruukki divested cold formed sections manufacturing operations located in Fredericia, Denmark
Sep 2006 Divestment
Duisburg service center Rautaruukki divested operations of Duisburg service center in Germany to Knauf Interfer AG
Aug 2006 Divestment
Metalplast Systems Sp.zo.o. Rautaruukki divested non-core part of its business in Poland to operative management and private equity investor Tar Heel Capital
Aug 2006 Divestment
Reinforcing steel business, Nordic countries Rautaruukki divested its Nordic reinforcing steel business to BT Norway AS