# CMC sells Cometals raw materials trading division to Traxys affiliates

Commercial Metals Company (CMC) signed a definitive agreement on June 12, 2017, to sell its raw materials trading division, CMC Cometals, to Traxys North America L.L.C. and Traxys Europe S.A., affiliates of The Carlyle Group. The transaction is expected to close later in summer 2017.

- Type: Acquisition
- Announced: 2017-06-12
- Where: Irving, Texas, United States
- Status: announced
- Products: metal ores, concentrates, industrial minerals, ferroalloys, chemicals, industrial products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Commercial Metals Company](https://endata.com/companies/21361.md)
- [Carlyle Group](https://endata.com/companies/458.md) (investor)
- [Traxys North America L.L.C.](https://endata.com/companies/24868.md) (acquirer)
- [Traxys Europe S.A.](https://endata.com/companies/24869.md) (acquirer)

## Sources

- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/cmc-selling-cometals-and-cometals-steel-989847.htm), 2017-06-13: "Under the new ownership structure, the Cometals team will continue to operate from its current locations in the US, China, Benelux and Russia."

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