# Commercial Metals Company completes sale of CMC Cometals to Traxys for $179M

Commercial Metals Company has completed the sale of its raw materials trading division, CMC Cometals, to Traxys North America and Traxys Europe for approximately $179 million.

- Type: Acquisition
- Announced: 2017-08-31
- Where: United States
- Value: $179.0M
- Status: completed
- Products: metal ores, concentrates, industrial minerals, ferroalloys, chemicals
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Commercial Metals Company](https://endata.com/companies/21361.md)
- [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

- [prnewswire.com](https://www.prnewswire.com/news-releases/commercial-metals-company-announces-completion-of-sale-of-cmc-cometals-division-300512617.html), 2017-08-31: "We are pleased to announce that we have completed the sale of our CMC Cometals division to Traxys."

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