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Grupo Simec agrees to acquire 100% of Acerbrag

Acerbrag operates steelmaking and rolling facilities and serves industrial, construction and agribusiness markets.

Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
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Form Type
6-K

Rhea-AI Filing Summary

Grupo Simec (SIM) agreed to acquire 100% of Acerbrag S.A.’s share capital, currently owned by Votorantim, S.A., using its own funds. The transaction is subject to customary closing conditions, including applicable regulatory approvals.

Acerbrag is a steel company in Bragado, Buenos Aires Province, Argentina, with more than 60 years of experience producing long steel products. Its facilities include steelmaking and rolling operations, and its products primarily serve industrial, construction and agribusiness sectors.

Filing Explained

The agreement remains subject to customary closing conditions; the release gives no purchase price or funding amount and does not say whether Simec will issue shares, so the cash commitment and any dilution to existing holders cannot be sized from this filing.

Acerbrag share capital to be acquired 100% Acquisition agreed with Votorantim, S.A.
Acerbrag production experience More than 60 years Production of long steel products
share capital financial
"acquire 100% of the share capital"
Share capital is the total amount of money a company raises by selling pieces of itself, called shares, to investors. It’s like a company’s savings from many owners, which helps fund its growth and operations. This money matters because it shows how much the company has raised from shareholders and how it’s financed its business.
customary closing conditions regulatory
"subject to the satisfaction of customary closing conditions"
"Customary closing conditions" are standard rules or checks that must be met before a business deal can be finalized, like making sure all paperwork is in order or that certain approvals are obtained. They matter because they help protect both parties, ensuring everything is in place and reducing the risk of surprises or problems after the deal is closed.
rolling operations technical
"including steelmaking and rolling operations"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is Grupo Simec (SIM) acquiring?

Grupo Simec agreed to acquire 100% of Acerbrag S.A.’s share capital, which is currently owned by Votorantim, S.A. Simec said it will use its own funds for the acquisition.

What conditions must be met for Grupo Simec’s (SIM) Acerbrag acquisition?

The transaction is subject to customary closing conditions, including applicable regulatory approvals.

What does Acerbrag produce?

Acerbrag produces long steel products at facilities that include steelmaking and rolling operations. Its products primarily serve industrial, construction and agribusiness sectors.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

COMMISSION FILE NUMBER 1-11176

 

For the month of November 2026.

 

Grupo Simec, S.A.B.de C.V.

(Translation of Registrant’s Name Into English)

 

Av. Lázaro Cardenas 601, Colonia la Nogalera, Guadalajara, Jalisco, México 44440

(Address of principal executive office)

  

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes ☐         No ☒

 

(If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-___________.)

 

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  GRUPO SIMEC, S.A.B. de C.V.
  (Registrant)

 

Date: November 10, 2026. By: /s/ Mario Moreno Cortez 
    Name: Mario Moreno Cortez
    Title: Finance Coordinator

 

 

 

PRESS RELEASE

 

Contact: José Luis Tinajero
  Mario Moreno Cortez
  Grupo Simec, S.A.B. de C.V.
  Calzada Lázaro Cárdenas 601
  44440 Guadalajara, Jalisco, México
  52 55 1165 1028
  52 33 3770 6734

 

GRUPO SIMEC ANNOUNCES AGREEMENT WITH VOTORANTIM, S.A. TO ACQUIRE ACERBRAG, S.A.

 

GUADALAJARA, MEXICO, November 10, 2026 - Grupo Simec, S.A.B. de C.V. (NYSE: SIM) (“Simec”) announced agreement with Votorantim, S.A. to acquire Acerbrag, S.A.

 

Grupo Simec, S.A.B. de C.V., NYSE: (SIM), announces that it has 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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