Grupo Simec agrees to acquire Argentina's Acerbrag from Votorantim
SIM•Grupo Simec agreed to acquire 100% of Argentine steelmaker Acerbrag from Votorantim using its own funds. Completion remains subject to customary closing conditions.
SIM•Grupo Simec agreed to acquire 100% of Argentine steelmaker Acerbrag from Votorantim using its own funds. Completion remains subject to customary closing conditions.
Grupo Simec agreed on November 10, 2026, to acquire all of Acerbrag from Votorantim using its own funds. Completion remains subject to customary closing conditions. Acerbrag operates steelmaking and rolling facilities in Bragado, Buenos Aires province, and has more than 60 years of experience producing long steel.
The acquisition would expand Grupo Simec’s South American presence, increase production capacity and generate operating and commercial synergies.