Thyssenkrupp Materials Services has announced that it has acquired a majority stake in Mexico-based Aceroteca Trading, marking a strategic move to expand its footprint in North America and support increasing nearshoring trends.
Aceroteca operates a flat-rolled carbon steel processing and service center in Santa Catarina, part of the Monterrey metropolitan area, one of Mexico’s most important industrial regions.
The facility offers a modern and scalable processing platform, enabling closer proximity to customers, shorter lead times, and improved supply chain efficiency. According to Heather Wijdekop, CEO of the Processing business unit, the transaction strengthens the company’s ability to adapt to localized production and distribution requirements.
Expanding capabilities and customer reach
Aceroteca currently supplies sectors such as heating and cooling and power transmission, while also providing additional capacity for both existing and new customers. The deal is expected to enhance thyssenkrupp Materials Services’ Coil Processing Group presence in the region. While the initial focus remains on flat-rolled carbon steel products, the platform offers potential for expansion into additional product segments.