# Jordan International Co to acquire Hellenic Steel

Jordan International Co, through Hellenic Steel Acquisition Co, is set to acquire Hellenic Steel, a Greek steelmaker. The plan includes investments of €100 million over three years, hiring 400 employees, and producing 350,000 tons of steel in the first year. The acquisition price is €12 million.

- Type: Acquisition
- Announced: 2019-06-24
- Where: Thessaloniki, Greece
- Value: $13.5M (12.0M EUR)
- Jobs: 400
- Status: announced
- Capacity: 350,000 tons per year
- Products: steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Jordan International Co](https://endata.com/companies/40205.md) (acquirer)
- [Hellenic Steel](https://endata.com/companies/40206.md) (target)

## Sources

- [tomanifesto.gr](https://www.tomanifesto.gr/i-hellenic-steel-perna-stin-jordan-international-co-9028), 2019-06-24: "Το business plan του επενδυτή προβλέπει την πρόσληψη σε πρώτη φάση 400 εργαζομένων, την υλοποίηση επενδύσεων 100 εκατ. ευρώ σε βάθος τριετίας."

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