Grupo Simec, S.A.B. de C.V. filed a Form 6-K with the SEC on November 10, 2026, announcing an agreement to acquire 100% of the share capital of Acerbrag S.A. from Votorantim S.A.

Key Highlights

  • Full acquisition: Grupo Simec has agreed to acquire 100% of the share capital of Acerbrag S.A., according to the filing.
  • Own funds: The company disclosed that the transaction will be financed using its own funds.
  • Seller: Acerbrag S.A. is currently owned by Votorantim S.A., as stated in the filing.
  • Location: Acerbrag is a steel company located in Bragado, in the province of Buenos Aires, Argentina.
  • Established operations: The filing states that Acerbrag has more than 60 years of experience in the production of long steel products and operates modern steelmaking and rolling facilities.
  • Closing conditions: The transaction is subject to customary closing conditions, including applicable regulatory approvals, the company disclosed.

Grupo Simec's Agreement to Purchase Acerbrag S.A. in Argentina

According to the Form 6-K filed on November 10, 2026, Grupo Simec, S.A.B. de C.V. (NYSE:SIM) has reached an agreement to acquire 100% of the share capital of Acerbrag S.A. from Votorantim S.A. The company disclosed that it will use its own funds to complete the transaction. Acerbrag is described in the filing as a steel company located in Bragado, in the province of Buenos Aires, Argentina, with more than 60 years of experience in producing long steel products.

The filing states that Acerbrag's products "primarily serve the industrial, construction and agribusiness sectors," and that the company "has an established track record in the Argentine market." Its operations include steelmaking and rolling facilities, which the filing characterizes as modern industrial facilities. Grupo Simec described the transaction as "a strategic step in Grupo Simec's growth and international expansion plans, enabling it to strengthen its presence in South America."

The company disclosed that the addition of Acerbrag is expected to "strengthen its geographic presence, increase its production capacity and generate operational and commercial synergies." The filing notes that the transaction remains subject to the satisfaction of customary closing conditions, including applicable regulatory approvals, and no closing date was specified in the filing.

What Was Disclosed

Grupo Simec filed a Form 6-K disclosing an agreement to acquire 100% of Acerbrag S.A. from Votorantim S.A. using its own funds. The target is an Argentina-based long steel products company. The deal is pending regulatory approvals and customary closing conditions.