# SSAB acquires Mexican special steel producer Astralloy

Swedish steel company SSAB announced the acquisition of Mexican special steel producer Astralloy, which specializes in wear-resistant steel, to expand its presence in Latin America.

- Type: Acquisition
- Announced: 2022-08-23
- Where: Mexico
- Status: completed
- Products: wear-resistant steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [SSAB](https://endata.com/companies/1465.md) (acquirer)
- [Astralloy](https://endata.com/companies/64883.md) (target)

## Sources

- [gmk.center](https://gmk.center/en/news/swedish-ssab-completed-the-purchase-of-the-mexican-special-steel-producer-astralloy/), 2022-08-23: "Mexico plays an important role in SSAB’s growth, both in terms of sales volume and number of customers."

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