# Trident Steel Africa to acquire Aveng Trident Steel from Aveng

The Competition Commission has approved the proposed acquisition of Aveng Trident Steel (ATS) by Trident Steel Africa (TSA), a subsidiary of Trident Steel, with conditions to promote ownership spread.

- Type: Acquisition
- Announced: 2023-03-09
- Where: South Africa, South Africa
- Status: announced
- Products: steel processing services, automotive blanks, structural steel, plate steel, pipe and tube steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Aveng](https://endata.com/companies/5254.md) (partner)
- [Trident Steel Africa](https://endata.com/companies/69042.md) (acquirer)
- [Aveng Trident Steel](https://endata.com/companies/69043.md) (target)

## Sources

- [metalworkingnews.info](https://metalworkingnews.info/approval-given-for-trident-steels-buyout-of-aveng-subsidiary/), 2023-03-09: "The Competition Commission has approved the proposed transaction whereby Trident Steel subsidiary Trident Steel Africa (TSA) intends to acquire Aveng subsidiary Aveng Trident Steel (ATS), with conditions."

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