# AHMSA and Grupo Villacero-Afirme merger stalled

The planned merger between Altos Hornos de México (AHMSA) and Grupo Villacero-Afirme, announced on June 17, 2020, has not been completed after one year due to a hold by the Federal Economic Competition Commission (Cofece). The deal involved a $300 million investment from Grupo Villacero.

- Type: Acquisition
- Announced: 2021-06-17
- Where: Monclova, Coahuila, Mexico
- Value: $300.0M
- Status: cancelled
- Products: steel products
- 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)
- [Grupo Villacero-Afirme](https://endata.com/companies/55906.md) (acquirer)

## Sources

- [zocalo.com.mx](https://www.zocalo.com.mx/paralizada-la-fusion-de-ahmsa/), 2021-06-17: "Ha transcurrido 1 año desde que el 17 de junio de 2020 las acereras Altos Hornos de México y Grupo Villacero-Afirme pactaron una sociedad donde de entrada la firma regiomontana liberaría 300 millones de dólares para reactivar las desfallecidas finanzas del complejo siderúrgico local, pero la operaci"

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