# Mutares completes acquisition of Greer Steel Company

Mutares SE & Co. KGaA completed the acquisition of Greer Steel Company, a provider of cold-rolled strip steel based in Dover, Ohio, USA, from Greer Industries, Inc.

- Type: Acquisition
- Announced: 2026-01-02
- Where: Dover, Ohio, United States
- Value: $450.0M
- Jobs: 2,900
- Status: completed
- Capacity: resin production capacity of approx. 1,085 KT and compounding capacity of approx. 780 KT
- Products: cold-rolled strip steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [SABIC](https://endata.com/companies/3200.md) (target)
- [Mutares SE & Co. KGaA](https://endata.com/companies/33465.md) (acquirer)
- [Greer Steel Company](https://endata.com/companies/89493.md) (target)
- [Greer Industries, Inc.](https://endata.com/companies/89494.md) (partner)

## Sources

- [marklines.com](https://www.marklines.com/en/news/338276), 2026-01-06: "On January 2, Mutares SE & Co. KGaA completed the acquisition of Greer Steel Company, a leading provider of cold-rolled strip steel based in Dover, Ohio, USA, from Greer Industries, Inc."
- [mutares.com](https://mutares.com/en/mutares-signs-a-landmark-agreement-to-acquire-the-engineering-thermoplastics-business-in-the-americas-and-europe-from-sabic/), 2026-01-08: "Mutares has signed a landmark agreement to acquire the regional Engineering Thermoplastics business in the Americas and Europe of SABIC for an Enterprise Value of USD 450 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.