GUADALAJARA, MEXICO (By Grupo Simec, 10.Nov.2026, Words: 186) — Grupo Simec, S.A.B. de C.V. reached an agreement to acquire, using its own funds, 100% of the share capital of Acerbrag S.A., a steel company located in Bragado, in the province of Buenos Aires, Argentina, currently owned by Votorantim S.A.
This transaction represents a strategic step in Grupo Simec’s growth and international expansion plans, enabling it to strengthen its presence in South America.
Acerbrag has more than 60 years of experience in the production of long steel products and has modern industrial facilities, including steelmaking and rolling operations. Its products primarily serve the industrial, construction and agribusiness sectors, and the company has an established track record in the Argentine market.
The addition of Acerbrag will enable Grupo Simec to strengthen its geographic presence, increase its production capacity and generate operational and commercial synergies.
Grupo Simec will continue to focus on operational efficiency, financial discipline and the development of its businesses, seeking to strengthen its competitiveness in the markets in which it operates.
The transaction is subject to the satisfaction of customary closing conditions, including the applicable regulatory approvals.
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