GRUPO SIMEC ANNOUNCES AGREEMENT WITH VOTORANTIM, S.A. TO ACQUIRE ACERBRAG, S.A.
PR Newswire•10/11/2026•14:21 ET
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Key Highlights
- ➤Simec (SIM) agrees to acquire 100% of Acerbrag’s share capital
- ➤Acerbrag acquisition expands Simec’s South American presence in Argentina
- ➤Acerbrag adds steelmaking and rolling capacity for long steel products
- ➤Transaction uses Simec’s own funds and awaits customary regulatory approvals
GRUPO SIMEC ANNOUNCES AGREEMENT WITH VOTORANTIM, S.A. TO ACQUIRE ACERBRAG, S.A. PR Newswire
GUADALAJARA, Mexico, Nov. 10, 2026 /PRNewswire/ -- Grupo Simec, S.A.B. de C.V. (NYSE: SIM) ("Simec") announced agreement with Votorantim, S.A. to acquire Acerbrag, S.A.
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