# GFG Alliance acquires Temco

GFG Alliance has acquired Temco, a supplier of ferroalloys for steel production.

- Type: Acquisition
- Announced: 2021-01-04
- Where: Tasmania, Australia
- Status: announced
- Products: ferroalloys
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Anglo American](https://endata.com/companies/15317.md) (partner)
- [GFG Alliance](https://endata.com/companies/19734.md) (acquirer)
- [South32](https://endata.com/companies/33959.md) (partner)
- [Tasmanian Electro Metallurgical Company](https://endata.com/companies/49142.md) (target)
- [Temco](https://endata.com/companies/52368.md) (target)

## Sources

- [siderweb.com](https://www.siderweb.com/articoli/industry/708620-acquisizioni-gfg-alliance-prende-temco), 2021-01-07: "Il gruppo di Sanjeev Gupta si assicura un importante fornitore di ferroleghe per la produzione di acciaio"
- [im-mining.com](https://im-mining.com/category/mining-mergers-and-acquisitions/page/28/), 2021-01-27: "GFG Alliance says it has finalised the purchase of the hydro energy-powered Tasmanian Electro Metallurgical..."

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