Predict your next investment

Corporation
gerdau.com

See what CB Insights has to offer

Investments

2

Partners & Customers

10

About Gerdau

Gerdau (GGB) provides steel-related products and services worldwide. The company operates through Brazil Operations, North America Operations, South America Operations, and Special Steel Operations. It offers semi-finished products, such as billets, blooms, and slabs; common long rolled products, including rebars, merchant bars, and profiles that are used by the construction and manufacturing industries; and drawn products consisting of barbed and barbless fence wire, galvanized wire, fences, concrete reinforcing wire mesh, nails, and clamps, as well as mines and produces iron ore.

Gerdau Headquarter Location

Av. Farrapos, 1811 Porto Alegre

Rio de Janeiro, 90220-005,

Brazil

55 51 3323 2000

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Gerdau News

Gerdau S.A. Announces Final Results Of The Cash Tender Offer For Certain Of The Outstanding 4.750% Bonds Due 2023, 5.893% Bonds Due 2024 And 4.875% Bonds Due 2027

Dec 6, 2021

(Bovespa: GGBR, NYSE: GGB, Latibex: XGGB) ("Gerdau" or the "Company") hereby announces the final results of the previously announced offer by the Company to purchase for cash (the "Tender Offer") up to a maximum tender consideration of U.S. $500,000,000 of certain of the outstanding 4.750% Bonds due 2023 (the "2023 Bonds") issued by  issued by Gerdau Trade Inc. ("GTI"), 5.893% Bonds due 2024 (the "2024 Bonds") issued jointly by Gerdau Holdings, Inc. ("GHI") and GTL Trade Finance Inc., ("GTL") and the 4.875% Bonds due 2027 (the "2027 Bonds", and together with the 2023 Bonds and the 2024 Bonds, the "Bonds" and each, a "series" of Bonds) issued by GTI (GTI, GHI and GTL, collectively, the "Offerors"). The Tender Offer was made pursuant to the offer to purchase dated November 4, 2021 (the "Offer to Purchase"). Capitalized terms used but not defined in this press release shall have the meanings assigned to them in the Offer to Purchase. The principal amount of each series of Bonds that were validly tendered in the Tender Offer after the Early Tender Date but before the Expiration Date, the principal amount of each series of Bonds that have been accepted for purchase by the Offerors and the Tender Offer Consideration that shall be paid to the eligible holders of Bonds that were validly tendered after the Early Tender Date and prior to the Expiration Date, and whose Bonds were accepted for purchase, are set forth in the table below. Description of Bonds * Per U.S.$1,000 principal amount of the Bonds. Gerdau will deliver cash with respect to such validly tendered and accepted Bonds on December 7, 2021. On the Final Settlement Date, eligible holders of Bonds that were validly tendered in the Tender Offer after the Early Tender Date but before the Expiration Date, and whose Bonds were accepted for purchase, will be entitled to receive the tender consideration for the Bonds of each series (the "Tender Offer Consideration") as determined in the manner described in the Offer to Purchase by reference to the applicable fixed spread specified for such series on the table above over the yield based on the bid-side price of the applicable U.S. Treasury Security specified for such series on the table above, as calculated by the Dealer Managers (as defined in the Offer to Purchase) at 10:00 a.m., New York City time, on November 18, 2021 (subject to certain exceptions set forth in the Offer to Purchase) for each U.S.$1,000 principal amount of the Bonds. In addition, such eligible holders will be entitled to receive a cash payment equal to the accrued and unpaid interest on such Bonds up to, but not including, the Final Settlement Date. Gerdau and the Offerors previously accepted and cancelled on the Early Settlement Date Bonds in the following principal amounts:  (i) $89,726,000 in 2023 Bonds, (ii) $152,717,000 in 2024 Bonds and (iii) $146,795,000 in 2027 Bonds. Payment for such Bonds was delivered on the Early Settlement Date, November 22, 2021. The Tender Offer expired at 11:59 p.m. New York City time, on December 3, 2021. This notice does not constitute or form part of any offer or invitation to purchase, or any solicitation of any offer to sell, the Bonds or any other securities in the United States or any other country, nor shall it or any part of it, or the fact of its release, form the basis of, or be relied on or in connection with, any contract therefor. The Tender Offer is made only by and pursuant to the terms of the Offer to Purchase and the information in this notice is qualified by reference to the Offer to Purchase. This notice to the market does not represent an offer to sell securities or a solicitation to buy securities in the United States or in any other country. This notice to the market is released for disclosure purposes only, in accordance with applicable legislation. It does not constitute marketing material and should not be interpreted as advertising an offer to sell or soliciting any offer to buy securities issued by any of the Offerors. This notice to the market is not for distribution in or into or to any person located or resident in the United States, its territories and possessions, any state of the United States or the District of Columbia or in any jurisdiction where it is unlawful to release, publish or distribute this announcement, other than any exemption thereunder. Forward-Looking Statements This notice includes and references "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may relate to, among other things, the Offerors' business strategy, goals and expectations concerning its market position, future operations, margins and profitability. Although the Offerors believe the assumptions upon which these forward-looking statements are based are reasonable, any of these assumptions could prove to be inaccurate and the forward-looking statements based on these assumptions could be incorrect. The matters discussed in these forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results and trends to differ materially from those made, projected, or implied in or by the forward-looking statements depending on a variety of uncertainties or other factors. The Offerors undertake no obligation to update any of their forward-looking statements. View original content: https://www.prnewswire.com/news-releases/gerdau-sa-announces-final-results-of-the-cash-tender-offer-for-certain-of-the-outstanding-4-750-bonds-due-2023--5-893-bonds-due-2024-and-4-875-bonds-due-2027--301437732.html

Gerdau Investments

2 Investments

Gerdau has made 2 investments. Their latest investment was in Juntos Somos Mais as part of their Corporate Minority on April 4, 2021.

CBI Logo

Gerdau Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/23/2021

Corporate Minority

Juntos Somos Mais

$18.19M

Yes

1

12/23/2020

Corporate Minority

Subscribe to see more

$99M

Subscribe to see more

10

Date

4/23/2021

12/23/2020

Round

Corporate Minority

Corporate Minority

Company

Juntos Somos Mais

Subscribe to see more

Amount

$18.19M

$99M

New?

Yes

Subscribe to see more

Co-Investors

Sources

1

10

Gerdau Acquisitions

2 Acquisitions

Gerdau acquired 2 companies. Their latest acquisition was SILAT on November 27, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

11/27/2019

$991

Acquired

1

11/28/2018

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

11/27/2019

11/28/2018

Investment Stage

Acquired

Companies

Subscribe to see more

Valuation

$991

Total Funding

$99M

Note

Acquired

Subscribe to see more

Sources

1

10

Gerdau Partners & Customers

10 Partners and customers

Gerdau has 10 strategic partners and customers. Gerdau recently partnered with RHI Magnesita on June 6, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

6/24/2021

Partner

RHI Magnesita

RHI Magnesita and Gerdau leading the way in using Blockchain in the steel industry - RHI Magnesita

RHI Magnesita , the world market and technology leader in refractories , and Gerdau , the largest steel producer in Brazil , are joining forces and taking an important step in their business relationship .

1

11/6/2020

Vendor

Harsco

United States

Harsco Environmental Finalizes Multimillion-Dollar Contract to Renew Engagement with Gerdau

`` Harsco is dedicated to providing innovative solutions and effective project management for our customers , which is why we 're so proud to sign this high-value contract with Gerdau S.A. , one of the largest steel companies in the world , '' said Russ Mitchell , Harsco Vice President and Chief Operating Officer .

2

6/2/2020

Partner

174 Power Global

United States

174 Power Global : Announces Partnership with Gerdau for Development of Solar Facility in North Texas

`` 174 Power Global is pleased to enter into this partnership with Gerdau S.A. , one of the world 's most environmentally responsible steel producers , as we continue to develop our solar generation footprint and behind-the-meter projects in Texas , '' said 174 Power Global President Henry Yun , PhD .

2

6/2/2020

Vendor

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

8/21/2019

Vendor

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

Date

6/24/2021

11/6/2020

6/2/2020

6/2/2020

8/21/2019

Type

Partner

Vendor

Partner

Vendor

Vendor

Business Partner

RHI Magnesita

Harsco

174 Power Global

Country

United States

United States

Subscribe to see more

Subscribe to see more

News Snippet

RHI Magnesita and Gerdau leading the way in using Blockchain in the steel industry - RHI Magnesita

RHI Magnesita , the world market and technology leader in refractories , and Gerdau , the largest steel producer in Brazil , are joining forces and taking an important step in their business relationship .

Harsco Environmental Finalizes Multimillion-Dollar Contract to Renew Engagement with Gerdau

`` Harsco is dedicated to providing innovative solutions and effective project management for our customers , which is why we 're so proud to sign this high-value contract with Gerdau S.A. , one of the largest steel companies in the world , '' said Russ Mitchell , Harsco Vice President and Chief Operating Officer .

174 Power Global : Announces Partnership with Gerdau for Development of Solar Facility in North Texas

`` 174 Power Global is pleased to enter into this partnership with Gerdau S.A. , one of the world 's most environmentally responsible steel producers , as we continue to develop our solar generation footprint and behind-the-meter projects in Texas , '' said 174 Power Global President Henry Yun , PhD .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

2

2

10

10

Gerdau Team

2 Team Members

Gerdau has 2 team members, including former President, Mario Longhi.

Name

Work History

Title

Status

Mario Longhi

President

Former

Andre Pires Dias

Ultrapar Participacoes, and BNP Paribas Asset Management

Chief Financial Officer

Former

Name

Mario Longhi

Andre Pires Dias

Work History

Ultrapar Participacoes, and BNP Paribas Asset Management

Title

President

Chief Financial Officer

Status

Former

Former

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.