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Monday 04 February 2008

Bluescope acquires IMSA

BLUESCOPE Steel’s  North American subsidiary has acquired IMSA Steel from Ternium for $US730 million.

According to BlueScope Steel, more than 2500 IMSA employees, in addition to ASC Profiles, Metl-Span, Steelscape  and VP Buildings will be integrated into the company.

The expanded company will service customers throughout North America with coated steel products, customised pre-engineered buildings, steel building components and insulated foam panels.

It is estimated the four IMSA businesses will represent around 25% of BlueScope Steel’s total revenue and broaden the scope and reach of the global company.

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