The Association for Corporate Growth (ACG) has named AK Steel as the ‘Deal Maker of the Year.’ The award was bestowed for the company’s $690 million acquisition of
Severstal Dearborn, LLC. The award was presented at the ACG Cincinnati chapter’s annual awards event held on May 13, 2015. AK Steel and The Kroger Company were award winners in the category for corporations with over $1 billion in annual revenues.
“We are honored to be recognized by ACG for our Dearborn acquisition, and we extend our sincere congratulations to Kroger and to each of our fellow Deal Maker award recipients,” said James L. Wainscott, Chairman, President and CEO of AK Steel. “The successful completion of our Dearborn acquisition in the fall of 2014 has been a transformational deal for our company. It has strengthened AK Steel as a premier North American steel manufacturer and enhanced our company’s ability to serve customers with increased size, scale and operational flexibility.”