Mayer Brown represents ArcelorMittal and Gerdau in $770M sale of Gallatin Steel Company to Nucor Corporation
15 September 2014
Mayer Brown represented multinational steel manufacturing corporations ArcelorMittal and Gerdau in the sale of their respective 50% interests in Gallatin Steel Company to Nucor Corporation for $770 million. Kentucky-based Gallatin Steel Company is a flat rolled mini-mill that melts scrap, pig iron and hot briquetted iron from various sources and processes the material to produce flat rolled steel.
The Chicago-based Mayer Brown Corporate & Securities team was led by partners Jason Wagenmaker and John Sagan and included associates Pete Wolf, Michael Weigel, Jennifer Rhein and Rosemarie Farhat.