In reviewConstruction & Materials20 October 2025

METINVEST to acquire ARCELORMITTAL TUBULAR PRODUCTS IASI

Verified deal facts, source-backed narrative, and the Exit Mode founder lens for SME readers preparing to sell.

METINVEST acquires ARCELORMITTAL TUBULAR PRODUCTS IASI

Deal facts

Buyer
METINVEST
Target
ARCELORMITTAL TUBULAR PRODUCTS IASI
Deal value
Not disclosed
Announced
20 October 2025
Status
In review
Sector
Construction & Materials
Country
Not stated
Consideration
Not stated

Sources

What we know

METINVEST has agreed to acquire ArcelorMittal Tubular Products Iasi in a strategic acquisition within the steel manufacturing sector. The transaction involves the purchase of the Romanian tubular products business by the Ukrainian steel producer. No financial details regarding the deal value or consideration type have been disclosed to the public at this stage. The deal was announced on 20 October 2025, marking a significant expansion of METINVEST's operational footprint in the region.

The target company operates within the NACE V2 sectors C.24.20 and C.24.1, focusing on the production of steel tubes and pipes. As the transaction is currently in the regulatory review phase, the completion date remains unconfirmed. Both parties are proceeding with the necessary steps to finalise the agreement. The transaction is subject to regulatory approval.

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Deal timeline

1 update
  1. CMA invitation to comment

    METINVEST to acquire ARCELORMITTAL TUBULAR PRODUCTS IASI

    METINVEST to acquire ARCELORMITTAL TUBULAR PRODUCTS IASI

    EU DG COMP

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Grafton Group plc and Componentes Eléctricos Mercaluz, S.A., Mercaluz Hogar, S.L.U., EAS Electric Smart Technology, S.L.U. and Mercaluz Canarias, S.L.U. entered the Exit Mode archive.

Buyer
Grafton Group plc
Target
Componentes Eléctricos Mercaluz, S.A., Mercaluz Hogar, S.L.U., EAS Electric Smart Technology, S.L.U. and Mercaluz Canarias, S.L.U.
Deal value
Not disclosed
Deal type
strategic acquisition

Buyer history

METINVEST

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Methodology

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