# AHMSA and Ternium Mexico reportedly to merge

Mexican steelmakers Altos Hornos de Mexico (AHMSA) and Ternium Mexico are expected to form a merger before the end of Q1 2020, with a transaction value estimated between $3 billion and $4 billion.

- Type: Acquisition
- Announced: 2020-02-14
- Where: Mexico
- Status: rumored
- Products: steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Altos Hornos de Mexico](https://endata.com/companies/19832.md) (target)
- [Ternium Mexico](https://endata.com/companies/45285.md) (acquirer)

## Sources

- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/ahmsa-and-ternium-mexico-to-reportedly-merge-in-q1-1132700.htm), 2020-02-14: "AHMSA and Ternium Mexico are expected to form a merger before the end of Q1"

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