Smorgon Steel
| Industry | Steelmaking |
|---|---|
| Founded | 1958 |
| Founder | Victor Smorgon |
| Defunct | 2007 |
| Successor | OneSteel |
| Headquarters | , Australia |
Key people | Graham Smorgon (Chairman) |
| Revenue | $3.2 billion (2006) |
| $782 million (2006) | |
| $264 million (2006) | |
Number of employees | 5,800 (2006) |
| Website | www.smorgonsteel.com.au |
Smorgon Steel was an Australian steel manufacturing company. It was the last remaining part of Smorgon Consolidated Industries, founded in 1958 by Victor Smorgon, member of the Smorgon family.[1]
In 1997, Smorgon purchased structural materials Welded Mesh from Leighton Holdings.[2] In December 1998, Smorgon Steel took over Australian National Industries.[3][4] It was floated on the Australian Securities Exchange in February 1999.[5][6]
In December 2001, Bradken was sold to Castle Harlan Australian Mezzanine Partners.[7][8] In 2007 Smorgon Steel merged with OneSteel, with its distribution operations sold to BlueScope.[9]
References
[edit]- ^ "Smorgon Steel Group Ltd". Company Histories. Smorgon Consolidated Industries: 231–241. 1974. doi:10.25291/vr/1974-vr-231.
- ^ Smorgon Steel boosts stocks Australian Financial Review 17 April 1997
- ^ Smorgon Steel Offer $1.10 All Cash Alternative for ANI Smorgon Steel 17 December 1998
- ^ Smorgon Steel now Set to Acquire 100% of ANI Smorgon Steel 29 January 1999
- ^ Smorgon Steel enters an exciting new era Smorgon Steel 3 February 1999
- ^ Smorgon goes public after ANI acquisition Metal Bulletin 21 February 1999
- ^ Smorgon Steel Completes Sale of Bradken Resources Division Smorgon Steel 24 December 2001
- ^ Smorgon Offloads Bradken in $185 Million Buyout Railway Digest December 2001 page 7
- ^ OneSteel, Smorgon Steel and BlueScope Steel finalise agreement Smorgon Steel 5 April 2007