Client: National Material of Mexico, NM Holding & Tang Industries, Inc.
Matter name: NM Holding & Tang Industries, Inc. transfer 100% of capital stock of National Material of Mexico to Klöckner & CO.
Deal Description: EC Rubio represented NM Holding, Tang Industries, Inc., and National Material of Mexico S. de R.L. de C.V. in connection with the transfer of 100% of the capital stock of National Material of Mexico, and its subsidiaries National Material Metales Laminados and Naflex, one of the largest Steel Service Centers in Mexico to Klöckner & CO´s U.S. subsidiary, Kloeckner Metals Corporation.
National Material of Mexico (NMM) is a leading independent steel service center and material supplier serving automotive and industrial end markets in North America with ten facilities throughout Mexico. NMM specializes in storage and processing of various metals including Hot Rolled, Cold Rolled, Grain Oriented and Non-Oriented Electrical Steel, Galvanized, Galvannealed, Aluminized, Prepainted and other coated metals.
Lead Partner: Eduardo David-García
Other team members: Daniel Magaña Arturo Bañuelos
Transaction Value: $340 million USD.
Practice areas: Corporate M&A
Industries: Steel and Metals.
Jurisdictions: Mexico, US, Germany.
