Acquisition History / Nippon Steel Corporation / Sanyo Special Steel Co., Ltd.
Nippon Steel Corporation Acquires Sanyo Special Steel Co., Ltd.
Announced February 3, 2025 — $393.4M
What happened
Nippon Steel tendered for its listed subsidiary Sanyo Special Steel on 3 February 2025 in order to take full ownership of the specialty steel maker. The offer completed on 19 March 2025. Consideration paid in the tender was JPY 58.711bn.
- Acquirer
- Nippon Steel Corporation
- Target
- Sanyo Special Steel Co., Ltd.
- Announced
- February 3, 2025
- Price
- $393.4M
- Industry
- Specialty steel manufacturing
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Nippon Steel Corporation acquire Sanyo Special Steel Co., Ltd.?
Nippon Steel Corporation acquired Sanyo Special Steel Co., Ltd. on February 3, 2025. This was Nippon Steel Corporation's 1st publicly tracked acquisition out of 2 we have on record.
How much did Nippon Steel Corporation pay for Sanyo Special Steel Co., Ltd.?
Nippon Steel Corporation paid $393.4M for Sanyo Special Steel Co., Ltd..
What does Sanyo Special Steel Co., Ltd. do?
Nippon Steel tendered for its listed subsidiary Sanyo Special Steel on 3 February 2025 in order to take full ownership of the specialty steel maker. The offer completed on 19 March 2025. Consideration paid in the tender was JPY 58.711bn.
What other Specialty steel manufacturing companies has Nippon Steel Corporation acquired?
Sanyo Special Steel Co., Ltd. is Nippon Steel Corporation's only publicly tracked acquisition in Specialty steel manufacturing so far.
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