Mittal Canada purchases all of Norambar, Stelfil, Stewlire.
Date Closed
February 1, 2006
Lead Office
Toronto
Value
30.00 Million CAD
On February 1, 2006, Mittal Canada Inc., a Canadian subsidiary of Mittal Steel Company, the world’s leader in the steel industry, completes the acquisition of three Stelco subsidiaries. The Norambar and Stelfil plants located in Quebec and the Stelwire plant in Ontario were acquired at a cost of C$30 million.
McCarthy Tétrault advised Stelco with a team that was led by Lara Nathans, and consisted of Ana Badour, Oliver Borgers, Alfred Macchione, David Randell, and David Woollcombe.