# 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.

- Type: Acquisition
- Announced: 2026-06-30
- Where: United States
- Value: $347.0M
- Status: announced
- Products: steel products for PEMB construction
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Sanko Kogyo](https://endata.com/companies/92742.md) (acquirer)
- [Associated Steel Group](https://endata.com/companies/92743.md) (target)

## Sources

- [japanir.jp](https://japanir.jp/en/company/company-8078/ir/8078-20260630-01_wp_m_and_a_alliance/), 2026-06-30: "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."

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