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JSW Steel and JFE complete acquisition of Thyssenkrupp Electrical Steel India · Endata

◂ Announcements

Feb 5, 2025ACQUISITIONIndia, India

JSW Steel and JFE complete acquisition of Thyssenkrupp Electrical Steel India

JFE Steel and JSW Steel, through their joint venture JSW JFE Electrical Steel, completed the acquisition of Thyssenkrupp Electrical Steel India for an estimated $457 million, gaining a GOES production business.

Value

$457.0M

Status

Completed

Productsgrain-oriented electrical steel (GOES)

CompaniesThyssenkrupp target JFE Steel Corporation acquirer JSW Steel acquirer

Sectors#Steel and Metal Products

“JFE Steel and JSW Steel have completed the acquisition of Thyssenkrupp Electrical Steel India through their joint venture JSW JFE Electrical Steel.”gmk.center

1 source
gmk.centerJSW Steel and JFE complete the acquisition of Thyssenkrupp's electrical steel business in IndiaHalina YermolenkoFeb 5, 2025

Summarized from public sources; check the original articles before acting on it.

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