# GFG Alliance completes acquisition of Arrium

GFG Alliance completed the acquisition of Arrium, an Australian integrated mining, recycling, steel manufacturing and steel distribution business, on 31 August 2017.

- Type: Acquisition
- Announced: 2017-08-31
- Where: Whyalla, South Australia, Australia
- Value: $1.00B
- Jobs: 6,000
- Status: completed
- Products: steel, iron ore
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [GFG Alliance](https://endata.com/companies/19734.md) (acquirer)
- [Arrium](https://endata.com/companies/23054.md) (target)

## Sources

- [gfgalliance.com](https://www.gfgalliance.com/media-release/gfg-alliance-completes-landmark-acquisition-arrium/), 2017-08-31: "Global metals, industrials and energy group, the GFG Alliance, today completed the acquisition of Australia’s leading integrated mining, recycling, steel manufacturing and steel distribution business."
- [dubaiprnetwork.com](https://www.dubaiprnetwork.com/business-news/124029-gfg-alliance-completes-landmark-acquisition-of-arrium), 2017-09-04: "Global metals, industrials and energy group, the GFG Alliance, today completed the acquisition of Australia’s leading integrated mining, recycling, steel manufacturing and steel distribution business, creating a new future for thousands of workers and their communities."

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