# Aperam to acquire Universal Stainless & Alloy Products for $539 million

Aperam signed a definitive agreement to acquire Universal Stainless & Alloy Products, Inc. for $45.00 per share in an all-cash transaction, valuing the company at an enterprise value of approximately $539 million. The acquisition is expected to close in H1 2025.

- Type: Acquisition
- Announced: 2024-10-17
- Where: Pennsylvania, United States
- Value: $539.0M
- Status: announced
- Products: specialty steel products, stainless steel, alloys
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Aperam](https://endata.com/companies/19223.md) (acquirer)
- [Universal Stainless & Alloy Products](https://endata.com/companies/25244.md) (target)
- [Universal Stainless](https://endata.com/companies/62785.md) (target)

## Sources

- [aperam.com](https://www.aperam.com/news/aperam-expands-alloys-footprint-to-the-aerospace-and-industrial-markets-in-the-united-states/), 2024-10-17: "Today marks an exciting milestone in Aperam’s journey to become one of the global leaders in specialty steels."
- [metallurgprom.org](https://metallurgprom.org/en/publications/analytics/15741-obzor-meps-po-slijanijam-i-pogloschenijam-v-mirovom-stalelitejnom-sektore.html), 2024-11-03: "Aperam has entered into a definitive agreement to acquire the American company Universal Stainless."
- [metalnomist.com](https://www.metalnomist.com/2024/11/aperam-acquires-usap-to-enter-us.html), 2024-11-20: "The deal positions Aperam for a strong entry into the lucrative US aerospace market."
- [lawstreetmedia.com](https://lawstreetmedia.com/insights/steel-sensitivities-aperam-to-acquire-universal-stainless-alloy-products/), 2024-11-21: "Following the closing of the transaction, Universal would provide Aperam with its first U.S. manufacturing capability and broaden its geographic presence and product range expanding its presence in high-growth sectors especially in aerospace and industrial applications."

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