# 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.

- Type: Acquisition
- Announced: 2025-02-05
- Where: India, India
- Value: $457.0M
- Status: completed
- Products: grain-oriented electrical steel (GOES)
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Thyssenkrupp](https://endata.com/companies/833.md) (target)
- [JFE Steel Corporation](https://endata.com/companies/19688.md) (acquirer)
- [JSW Steel](https://endata.com/companies/22727.md) (acquirer)

## Sources

- [gmk.center](https://gmk.center/en/news/jsw-steel-and-jfe-complete-the-acquisition-of-thyssenkrupps-electrical-steel-business-in-india/), 2025-02-05: "JFE Steel and JSW Steel have completed the acquisition of Thyssenkrupp Electrical Steel India through their joint venture JSW JFE Electrical Steel."

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