Sanko Kogyo to acquire 50.1-100% stake in Associated Steel Group for $347 million

Sanko Kogyo Co., Ltd. will acquire an equity interest in U.S.-based Associated Steel Group, LLC (ASG) for $347 million, with an acquisition ratio of 50.1% to 100.0%, and will consolidate ASG as a subsidiary within the current fiscal year.

“Sanko Kogyo will acquire an equity stake in U.S. Associated Steel Group, LLC (ASG) jointly with DBJ, and will use HAMCO to complete a capital increase.”japanir.jp

• 1 source
• japanir.jpSanko Kogyo Co., Ltd. Announces ASG Equity Acquisition and HAMCO Capital Increase | June 2026 | Japan IRJun 30, 2026

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