# Gerdau acquires 96.35% of Silat

CADE approved without restrictions the acquisition of 96.35% of Siderúrgica Latino Americana (Silat) by Gerdau Aços Longos. The transaction concerns the steel segment.

- Type: Acquisition
- Announced: 2020-09-24
- Where: Brazil
- Status: completed
- Products: long steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Gerdau Aços Longos](https://endata.com/companies/35784.md) (acquirer)
- [Siderúrgica Latino Americana](https://endata.com/companies/50145.md) (target)

## Sources

- [gov.br](https://www.gov.br/cade/en/matters/news/cade-approves-without-restrictions-the-acquisition-of-silat-by-gerdau), 2020-09-24: "CADE approved the acquisition of the management of Siderúrgica Latino Americana (Silat) by Gerdau Aços Longos."

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