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Grupo Simec, S.A.B. de C.V. Announces Acquisition of Corporacion Aceros DM, S.A. de C.V.

Publication: PR Newswire
Publication Date: 22-FEB-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
GUADALAJARA, Mexico, Feb. 22 /PRNewswire-FirstCall/ -- Grupo Simec, S.A.B. de C.V. ("Simec"), the main subsidiary of Industrias CH, S.A.B. de C.V. (BMV: ICH.B), announces that on February 21, 2008, it has executed an agreement to acquire 100% of the shares of Corporacion Aceros DM, S.A. de C.V. and certain of its affiliates ("Grupo San").

Grupo San is a long products steel mini-mill and the...

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