On the Record · Ternium
Ternium acquisitions, on the record
The businesses Ternium 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
| Business | Deal | When | Value |
|---|---|---|---|
Usiminas control group participation (from NSC Group)Word for word“On July 3, 2023, Ternium Investments and Ternium Argentina, together with TenarisConfab, acquired from the NSC Group, pro rata to their then participations in the T/T Group, 68.7 million ordinary shares of Usiminas, increasing Ternium’s participation in the Usiminas control group to 51.5%.” 20-F for 2023 | agreed acquisition | July 3, 2023 | — |
SidorWord for word“On May 7, 2009, Ternium completed the transfer of its entire 59.7% interest in Sidor to Corporación Venezolana de Guayana, a Venezuelan state-owned entity.” 20-F for 2023 | divestiture | May 7, 2009 | — |
Ferrasa (54% ownership interest)Word for word“On August 25, 2010, Ternium completed the acquisition of a 54% ownership interest in Ferrasa and, indirectly, in its wholly-owned Colombian subsidiaries, Siderúrgica de Caldas S.A.S. and Perfilamos del Cauca S.A.S.” 20-F for 2023 | acquisition | August 25, 2010 | — |
Ferrasa (remaining 46% minority interest)Word for word“On April 7, 2015, Ternium acquired the remaining 46% minority interest in Ferrasa.” 20-F for 2023 | acquisition | April 7, 2015 | — |
thyssenkrupp Slab International B.V (tkSI) and CSAWord for word“On September 7, 2017, the Company acquired a 100% ownership interest in thyssenkrupp Slab International B.V or tkSI, and its wholly-owned subsidiary CSA from thyssenkrupp AG, or tkAG.” 20-F for 2023 | acquisition | September 7, 2017 | — |
Grupo Imsa (renamed Ternium Mexico)Word for word“On April 29, 2007, we acquired Grupo Imsa through a cash tender offer and a cash redemption.” 20-F for 2023 | acquisition | April 29, 2007 | — |
additional 4.85% interest in Ternium Argentina from CVRD Internacional S.AWord for word“On December 28, 2006, we acquired an additional 4.85% interest in Ternium Argentina from CVRD Internacional S.A, thereby increasing our ownership interest in Ternium Argentina to 60.93%.” 20-F for 2023 | acquisition | December 28, 2006 | — |
indirect 99.3% interest in Hylsamex and its subsidiariesWord for word“In 2005, we acquired, together with Ternium Argentina, an indirect 99.3% interest in the Mexican company Hylsamex and its subsidiaries.” 20-F for 2023 | acquisition | 2005 | — |
Usiminas control group participation (2012 acquisition)Word for word“On January 16, 2012, the Company’s subsidiaries, Ternium Investments and Ternium Argentina (together with its wholly-owned subsidiary Prosid Investments S.A., or "Prosid", and the Company’s affiliate, Confab Industrial S.A., a subsidiary of Tenaris, or TenarisConfab), joined the existing control group of Usiminas, a leading steel company in the Brazilian flat steel market, through the acquisition of 84.7, 30.0, and 25.0 million ordinary shares, respectively, and formed the so-called Ternium/Tenaris (T/T) Group.” 20-F for 2023 | acquisition | January 16, 2012 | — |
Companhia Siderúrgica do Pecém (CSP)Word for word“For example, in 2023 ArcelorMittal acquired Companhia Siderúrgica do Pecém (CSP), a Brazilian slab maker that used to be a significant supplier of slabs in the international markets.” 20-F for 2024 | acquisition | 2023 | — |
Hylsamex and Grupo Imsa (now Ternium Mexico)Word for word“including the acquisition of Mexican steel companies Hylsamex and Grupo Imsa (now Ternium Mexico), the acquisition of the then main integrated producer of flat steel in Argentina, Aceros Paraná (which then merged with Propulsora and other three steel industry companies and is now Ternium Argentina); the purchase of Brazilian steel slab producer CSA, and the acquisition of a participation in the control group of Usiminas, Brazil’s largest flat steel producer.” 20-F for 2024 | acquisition | — | — |
Usiminas control group participationWord for word“On July 3, 2023, Ternium Investments and Ternium Argentina, together with TenarisConfab, acquired from the NSC Group, pro rata to their then participations in the T/T Group, 68.7 million ordinary shares of Usiminas, increasing Ternium’s participation in the Usiminas control group to 51.5%.” 20-F for 2024 | acquisition | July 3, 2023 | — |
Grupo ImsaWord for word“On April 29, 2007, Ternium acquired Grupo Imsa through a cash tender offer and a cash redemption.” 20-F for 2024 | acquisition | April 29, 2007 | — |
FerrasaWord for word“On August 25, 2010, Ternium completed the acquisition of a 54% ownership interest in Ferrasa and, indirectly, in its wholly-owned Colombian subsidiaries, Siderúrgica de Caldas S.A.S. and Perfilamos del Cauca S.A.S.” 20-F for 2024 | acquisition | August 25, 2010 | — |
remaining 46% minority interest in FerrasaWord for word“On April 7, 2015, Ternium acquired the remaining 46% minority interest in Ferrasa.” 20-F for 2024 | acquisition | April 7, 2015 | — |
Hylsamex (indirect 99.3% interest)Word for word“In 2005, we acquired, together with Ternium Argentina, an indirect 99.3% interest in the Mexican company Hylsamex and its subsidiaries.” 20-F for 2024 | acquisition | 2005 | — |
Usiminas (additional 51.4 million ordinary shares)Word for word“On October 30, 2014, Ternium Investments acquired 51.4 million additional ordinary shares of Usiminas.” 20-F for 2024 | acquisition | October 30, 2014 | — |
Usiminas control group (84.7, 30.0 and 25.0 million ordinary shares)Word for word“On January 16, 2012, Ternium S.A.’s subsidiaries, Ternium Investments and Ternium Argentina (together with its wholly-owned subsidiary Prosid Investments S.A., or "Prosid", and Ternium S.A.’s affiliate, Confab Industrial S.A., a subsidiary of Tenaris, or TenarisConfab), joined the existing control group of Usiminas, a leading steel company in the Brazilian flat steel market, through the acquisition of 84.7, 30.0, and 25.0 million ordinary shares, respectively, and formed the so-called Ternium/Tenaris (T/T) Group.” 20-F for 2024 | acquisition | January 16, 2012 | — |
thyssenkrupp Slab International B.V and its wholly-owned subsidiary CSAWord for word“On September 7, 2017, Ternium S.A. acquired a 100% ownership interest in thyssenkrupp Slab International B.V or tkSI, and its wholly-owned subsidiary CSA from thyssenkrupp AG, or tkAG.” 20-F for 2025 | acquisition | On September 7, 2017 | — |
Usiminas control group participation (NSC Group)Word for word“On February 10, 2026, Ternium Investments acquired from the NSC Group their remainder participation in the Usiminas control group, totaling 153.1 million ordinary shares, increasing Ternium’s participation in the Usiminas control group from 51.5% to 83.1%.” 20-F for 2025 | acquisition | On February 10, 2026 | — |
Tubos Argentinos S.A.Word for word“6 In the first quarter of 2026, Ternium Argentina acquired Tubos Argentinos S.A., a producer of welded pipes in Argentina.” 20-F for 2025 | acquisition | In the first quarter of 2026 | — |
Read from Ternium’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-03-31. 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.