Stratrix
On the Record · ArcelorMittal

ArcelorMittal acquisitions, on the record

The businesses ArcelorMittal bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

BusinessDealWhenValue
Italpannelli SRL in Italy and Italpannelli Iberica in Spain
Word for word“On May 31, 2024, ArcelorMittal completed the acquisition of Italpannelli SRL in Italy and Italpannelli Iberica in Spain.” 20-F for 2024
acquisitionOn May 31, 2024—
Vallourec
Word for word“On August 6, 2024, ArcelorMittal completed the acquisition of 65,243,206 shares, representing approximately 28.4% non-controlling equity interest in Vallourec, for €14.64 per share from Funds managed by Apollo Global Management, Inc., for a total consideration of € 960 million ($1,048 million).” 20-F for 2024
acquisitionOn August 6, 2024€ 960 million ($1,048 million)
NSC's 50% equity interest in the AMNS Calvert joint venture
Word for word“On October 11, 2024, ArcelorMittal announced it had entered into a definitive Equity Purchase Agreement (the “Agreement”) with Nippon Steel Corporation (“NSC”) pursuant to which ArcelorMittal will purchase NSC’s 50% equity interest in the AMNS Calvert joint venture (the “Transaction”).” 20-F for 2024
agreed acquisitionOn October 11, 2024—
voestalpine's HBI plant near Corpus Christi, Texas
Word for word“On June 30, 2022, ArcelorMittal completed the acquisition of an 80% shareholding in voestalpine’s HBI plant located near Corpus Christi, Texas.” 20-F for 2024
acquisitionOn June 30, 2022—
NSC's 50% equity stake in AMNS Calvert
Word for word“On June 18, 2025, in accordance with the definitive Equity Purchase Agreement (the "EPA") signed between ArcelorMittal and Nippon Steel Corporation ("NSC") on October 11, 2024, the Company confirmed that it had completed the acquisition of NSC’s 50% equity stake in AMNS Calvert, with ArcelorMittal already holding the balance.” 20-F for 2025
acquisitionOn June 18, 2025—
Tuper
Word for word“In May 2025, ArcelorMittal acquired full control of the Brazilian pipe producer Tuper, a former joint venture in which it held a 40% interest, to strengthen its tubular business in Latin America.” 20-F for 2025
acquisitionIn May 2025—
Tekno
Word for word“In November 2025, ArcelorMittal acquired Tekno, a pioneer in the implementation of coil coating in Brazil.” 20-F for 2025
acquisitionIn November 2025—
AMTBA
Word for word“In April 2025, ArcelorMittal acquired control of AMTBA, a former joint venture in which it increased its interest from 80% to 90%.” 20-F for 2025
acquisitionIn April 2025—
Flémalle production facilities in Wallonia
Word for word“In April 2025, ArcelorMittal Belgium's offer was accepted to acquire the Flémalle production facilities in Wallonia following the bankruptcy of the Belgian branch of Liberty Galati.” 20-F for 2025
agreed acquisitionIn April 2025—

Read from ArcelorMittal’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023, 20-F for 2022) and the financial data it files with the SEC, as of 2026-03-06. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.