# JFE Shoji to acquire California Expanded Metal Products Co. (CEMCO)

JFE Shoji Corporation and its subsidiary JFE Shoji America Holdings entered into a definitive agreement to acquire all outstanding shares of California Expanded Metal Products Co. (CEMCO) from the Poliquin family. The transaction is expected to close in late September 2022.

- Type: Acquisition
- Announced: 2022-08-18
- Where: Los Angeles, California, United States
- Status: announced
- Products: steel framing products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [JFE Shoji Corporation](https://endata.com/companies/60644.md) (acquirer)
- [JFE Shoji America Holdings, Inc.](https://endata.com/companies/64803.md) (acquirer)
- [California Expanded Metal Products Co.](https://endata.com/companies/64804.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/jfe-shoji-corporation-to-acquire-california-expanded-metal-products-co-cemco-market-leading-provider-of-steel-framing-products-301608472.html), 2022-08-19: "JFE Shoji Corporation, Tokyo, Japan and its subsidiary JFE Shoji America Holdings, Inc, Los Angeles, California has entered into a definitive agreement to acquire all the outstanding shares of California Expanded Metal Products Co. (CEMCO) from the Poliquin family ownership group."
- [dlapiper.com](https://www.dlapiper.com/en/news/2022/08/dla-piper-advises-cemco-on-its-definitive-agreement-to-be-acquired-by-jfe-shoji-corporation), 2022-08-28: "DLA Piper advised California Expanded Metal Products Co. (CEMCO), a market leading provider of steel framing products, on its entry into a definitive agreement to be acquired by JFE Shoji Corporation and its subsidiary JFE Shoji America Holdings, Inc."

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