Winner Steel, Inc.

Sharon, PA

Transaction Value: +$300 million

Founded in 1996, Winner Steel, Inc. was the largest, privately held producer of hot-dipped galvanized (HDG) steel sheet and galvanneal in the U.S., and the fourth largest U.S. producer of HDG steels and galvanneal overall. With three state-of-the-art galvanizing lines, Winner was capable of producing 1.2 million tons of HDG steel and galvanneal annually.

The +$300 million transaction that Etkin & Company developed and executed on behalf of Winner and Winner’s shareholders with a joint venture between Novolipetsk Steel (London Stock Exchange: NLMK-LN), a Russia-based global steel producer, and Duferco Group, a Swiss-based global steel production, processing and trading operation, created a vertical, globally competitive steel operation poised to garner an increasing share of the North American market for HDG steel sheet and galvanneal.