# InfraBuild plans to acquire GFG's three US steel and wire assets

GFG Alliance's Australian subsidiary InfraBuild announced plans to acquire three US steel and wire companies from GFG: Keystone Consolidated Industries, Engineered Wire Products, Johnstown Wire Technologies, and Georgetown Steelworks, to create a more integrated product portfolio.

- Type: Acquisition
- Announced: 2022-11-18
- Where: Peoria, Illinois; Ohio; New Mexico; Pennsylvania; South Carolina, United States
- Status: announced
- Products: steel, wire products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [GFG Alliance](https://endata.com/companies/19734.md) (target)
- [Keystone Consolidated Industries](https://endata.com/companies/35850.md) (target)
- [Johnstown Wire Technologies](https://endata.com/companies/39916.md) (target)
- [Infrabuild](https://endata.com/companies/49907.md) (acquirer)
- [Engineered Wire Products](https://endata.com/companies/66741.md) (target)
- [Georgetown Steelworks](https://endata.com/companies/66742.md) (target)

## Sources

- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/infrabuild-plans-to-acquire-gfgs-three-us-assets-1268238.htm), 2022-11-18: "GFG Alliance's Australia-based subsidiary InfraBuild has announced that it will acquire GFG's three steel and wire companies in the US to create a more integrated product portfolio."

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