# Acerinox to acquire VDM Group from Lindsay Goldberg

Lindsay Goldberg has agreed to sell VDM Group (VDM Metals GmbH) to Acerinox S.A. The acquisition is subject to antitrust approval.

- Type: Acquisition
- Announced: 2019-11-08
- Where: Werdohl, Germany, Germany
- Value: $342.1M (310.0M EUR)
- Status: announced
- Products: high-performance nickel-based alloys, specialty stainless steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Lindsay Goldberg](https://endata.com/companies/2077.md) (investor)
- [VDM Metals](https://endata.com/companies/23936.md) (target)
- [Acerinox S.A.](https://endata.com/companies/27584.md) (acquirer)

## Sources

- [presseportal.de](https://www.presseportal.de/pm/64034/4434069), 2019-11-08: "Acerinox wird VDM den nächsten Entwicklungsschritt ermöglichen und den Prozess der Internationalisierung als Teil einer starken Unternehmensgruppe mit einer weltweiten Präsenz in über 80 Ländern voranbringen."
- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/acerinox-purchases-german-special-alloy-company-vdm-metals-1119368.htm), 2019-11-08: "VDM Metals represents a great opportunity for Acerinox to grow in new markets and future sectors such as aerospace, chemical industry, medical industry, hydrocarbons and renewable energy, water treatment and emission control."

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