ArcelorMittal Mines Canada
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ArcelorMittal Mines Canada - overview
Established
1957
Location
Longueuil, QC, Canada
Primary Industry
Mining
About
ArcelorMittal Mines Canada operates in the steel and mining sector, focusing on the extraction and production of high-quality steel products utilized across various industries. Founded in 1957, ArcelorMittal Mines Canada is based in Longueuil, Canada. The company provides mining and steel products, supporting various sectors. In January 2023, ArcelorMittal Mines Canada completed a BUYOUT round, raising USD 1,100.
00 mn with investments from China Steel Corporation and Posco. The company has conducted a total of 2 deals. ArcelorMittal Mines Canada specializes in a variety of steel and mining solutions, offering flat and long steel products for industries such as automotive, construction, and appliances. Their products cater to diverse customer needs, focusing on material strength, durability, and sustainability.
They serve markets including North America, Europe, and Asia, supplying both large corporations and smaller enterprises with reliable steel products. In 2019, ArcelorMittal Mines Canada reported a revenue of USD 70,615. 00 mn and an EBITDA of USD 2,440. 00 mn, primarily from B2B transactions characterized by direct sales and long-term contracts with industrial clients.
With the recent funding round concluded on January 9, 2023, ArcelorMittal Mines Canada aims to launch new steel products and expand its market presence in regions such as Asia and Europe. The capital raised will support these initiatives, enhancing its product offerings and market reach. Additionally, in December 2022, ITOCHU Corporation acquired a minority stake in ArcelorMittal Mines Canada, reflecting strategic partnerships for future growth.
Current Investors
China Steel Corporation, Korea Investment Private Equity, Posco
Primary Industry
Mining
Sub Industries
Metal Mining
Website
www.arcelormittal.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
ArcelorMittal Mines Canada - timeline of key events
ArcelorMittal Mines Canada - financials
| Fiscal Year Ended | Dec 31, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | 93,973,000,000 | 84,213,000,000 | 79,440,000,000 | 79,282,000,000 | 63,578,000,000 | 56,791,000,000 | 68,679,000,000 | 76,033,000,000 | 70,615,000,000 | 53,270,000,000 | 76,571,000,000 | - | - | - |
| % Revenue Growth (YoY) | - | - | (10.4%) | (5.7%) | (0.2%) | (19.8%) | (10.7%) | 20.9% | 10.7% | (7.1%) | (24.6%) | 43.7% | - | - | - |
| EBITDA (USD) | 15,252,000,000 | 9,580,000,000 | 1,454,000,000 | 5,883,000,000 | 6,962,000,000 | (975,000,000) | 6,882,000,000 | 8,202,000,000 | 9,338,000,000 | 2,440,000,000 | 5,070,000,000 | 19,499,000,000 | - | - | - |
| Operating Income (USD) | 15,182,000,000 | 4,898,000,000 | (3,226,000,000) | 1,197,000,000 | 3,034,000,000 | (4,161,000,000) | 4,161,000,000 | 5,434,000,000 | 6,539,000,000 | (627,000,000) | 2,110,000,000 | 16,976,000,000 | - | - | - |
| Operating Margin | - | 5.2% | (3.8%) | 1.5% | 3.8% | (6.5%) | 7.3% | 7.9% | 8.6% | (0.9%) | 4.0% | 22.2% | - | - | - |
| % EBITDA Margin | - | 10.2% | 1.7% | 7.4% | 8.8% | (1.5%) | 12.1% | 11.9% | 12.3% | 3.5% | 9.5% | 25.5% | - | - | - |
| NET Income (USD) | 14,635,000,000 | 2,259,000,000 | (3,844,000,000) | (2,575,000,000) | (974,000,000) | (8,423,000,000) | 1,734,000,000 | 4,575,000,000 | 5,330,000,000 | (2,391,000,000) | (578,000,000) | 15,565,000,000 | - | - | - |
| % Net Margin | - | 2.4% | (4.6%) | (3.2%) | (1.2%) | (13.2%) | 3.1% | 6.7% | 7.0% | (3.4%) | (1.1%) | 20.3% | - | - | - |
ArcelorMittal Mines Canada - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | ArcelorMittal Mines Canada | - | ||||||||
| Add-on, Trade Sale | Completed | John Lawrie Metals Ltd | - | ||||||||
| Buyout | Completed | ArcelorMittal Mines Canada | - |
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ArcelorMittal Mines Canada - employee data
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