# Sayward Capital and Technosteel Construction agree to business combination

Sayward Capital Corp. and Technosteel Construction have executed a definitive share exchange agreement for a proposed business combination, expected to result in a reverse takeover of Sayward by Technosteel. The combined entity will be renamed Technosteel Corp.

- Type: Acquisition
- Announced: 2025-04-25
- Where: Dubai, UAE, United Arab Emirates
- Status: announced
- Products: structural steel fabrication and erection
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Sayward Capital Corp.](https://endata.com/companies/84376.md) (acquirer)
- [Technosteel Construction (L.L.C.)](https://endata.com/companies/84377.md) (target)

## Sources

- [arc-group.com](https://arc-group.com/sayward-capital-technosteel-construction-agreement-business-combination/), 2025-04-25: "This marks a significant milestone in the transaction process first initiated through the non-binding letter of intent dated June 13, 2024."

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