# CAP sells Compañía Siderúrgica Huachipato to AZA for US$130 million

CAP Group announced the sale of Compañía Siderúrgica Huachipato (CSH) to AZA for US$130 million, paid in cash and shares, giving CAP a 15% stake in the new entity Aceros AZA. The deal includes plans to build an electric arc furnace with at least 500,000 tonnes capacity and a US$250 million investment.

- Type: Acquisition
- Announced: 2026-06-05
- Where: Huachipato, Biobío Region, Chile
- Value: $130.0M
- Status: announced
- Capacity: 500,000 tonnes per year (planned electric arc furnace)
- Products: steel, electric arc furnace steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [CAP Group](https://endata.com/companies/15678.md) (partner)
- [AZA](https://endata.com/companies/92335.md) (acquirer)
- [Compañía Siderúrgica Huachipato](https://endata.com/companies/92336.md) (target)

## Sources

- [latercera.com](https://www.latercera.com/pulso/noticia/ceo-de-cap-explica-alianza-con-aza-es-un-modelo-productivo-distinto-al-tradicional-al-que-tenia-huachipato/), 2026-06-05: "Es un modelo productivo distinto al tradicional que tenía Huachipato, que era una acería integrada más pesada y que requería de más activos y más extensión del territorio."

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