# Bamesa Aceros to acquire 50% stake in Steel Centre Europe from Toyota Tsusho

Bamesa Aceros S.L. signed an agreement to acquire a 50% stake in Steel Centre Europe s.r.o. from Toyota Tsusho Corporation.

- Type: Acquisition
- Announced: 2019-12-03
- Where: Czech Republic, Czechia
- Status: announced
- Products: steel products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Toyota Tsusho](https://endata.com/companies/3935.md) (partner)
- [Sumitomo Corporation](https://endata.com/companies/6281.md) (acquirer)
- [Bamesa Aceros](https://endata.com/companies/43827.md) (acquirer)
- [Steel Centre Europe](https://endata.com/companies/43828.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/TOYOTA-TSUSHO-CORPORATION-6494673/news/Bamesa-Aceros-S-L-signed-an-agreement-to-acquire-50-stake-in-Steel-Centre-Europe-s-r-o-from-Toyot-34049148/), 2019-12-09: "Bamesa Aceros S.L. signed an agreement to acquire 50% stake in Steel Centre Europe s.r.o. from Toyota Tsusho Corporation"
- [lexisnexis.co.uk](https://www.lexisnexis.co.uk/legal/news/eu-merger-acquisition-of-sce-by-bamesa-sumitomo-cleared-simplified-review), 2020-01-10: "The Commission found the proposed transaction would not raise competition concerns because the companies are not active in the same product or geographic markets."

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