Stratrix
On the Record · ATI

ATI acquisitions, on the record

The businesses ATI 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
Sheffield, UK operations
Word for word“On May 12, 2022, the Company completed the sale of its Sheffield, UK operations, which included facilities for melting and re-melting, machining and bar mill operations, and was part of the Specialty Materials business in the HPMC segment.” 10-K for 2023
divestitureOn May 12, 2022—
Pico Rivera, CA operations
Word for word“The Company completed the sale of the Pico Rivera, CA operations, as part of the strategy to exit standard stainless products, on January 31, 2022.” 10-K for 2023
divestitureon January 31, 2022—
Flowform Products business
Word for word“On August 13, 2021, the Company completed the sale of its Flowform Products business for $ 55 million.” 10-K for 2023
divestitureOn August 13, 2021$ 55 million
Northbrook, IL operations
Word for word“Loss on asset sales and sales of businesses for fiscal year 2023 is related to a $ 0.6 million loss on the sale of the Company’s Northbrook, IL operations, for which no proceeds were received but $ 0.3 million of transaction costs were paid and reported as an investing activity on the consolidated statement of cash flows.” 10-K for 2023
divestiturefiscal year 2023—
precision rolled strip operations in Remscheid, Germany
Word for word“In fiscal year 2024, the Company completed the sale of its precision rolled strip operations in Remscheid, Germany, which was part of the HPMC segment.” 10-K for 2024
divestiturefiscal year 2024—
Sheffield, U.K. operations
Word for word“In fiscal year 2022, the Company completed the sale of its Sheffield, U.K. operations, which included facilities for melting and re-melting, machining 6 and bar mill operations, and was part of the HPMC segment.” 10-K for 2024
divestiturefiscal year 2022—
precision rolled strip operations in New Bedford, MA and Remscheid, Germany
Word for word“During the fourth quarter of 2024, we received $48.0 million in cash, net of transaction costs, for the sale of our precision rolled strip operations in New Bedford, MA and Remscheid, Germany.” 10-K for 2024
divestitureDuring the fourth quarter of 2024$48.0 million in cash, net of transaction costs
non-core operations from the HPMC segment held for sale
Word for word“Also during 2024, the Company approved plans to divest of other certain immaterial, non-core operations from the HPMC segment.” 10-K for 2024
divestiture——
East Hartford, CT operations
Word for word“During fiscal year 2025, the Company completed the sale of its East Hartford, CT operations, an immaterial, non-core operation that was part of the Forged Products business unit, for $ 20.5 million.” 10-K for 2025
divestitureDuring fiscal year 2025$ 20.5 million
European operations in Birmingham, UK and Düsseldorf, Germany
Word for word“These include an $ 0.8 million gain on the sale of the Company’s East Hartford, CT operations within the Forged Products business unit, and a $ 3.7 million loss on the sale of our European operations in Birmingham, UK and Düsseldorf, Germany, which were part of the HPMC segment.” 10-K for 2025
divestiture—$ 3.7 million loss
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)
2016-12-31$0
2017-12-31$0
2018-12-31$10 million
2019-12-31$0
2020-12-31$0

Deal filings since 2016

Read from ATI’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-20. 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.