9,097.15 TL BIST 100 BIST 100
€33.84 EUR EUR
4.37 CNY CNY CNY
31.30 $ USD USD
0.13 CNY CNY/EUR CNY/EUR
45.26 TL Interest Interest
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23.12 $ Silver Silver
3.85 $ Copper Copper
113.89 $ Iron Ore Iron Ore
392.00 $ Ship Dismantling Ship Dismantling
2,100.60 TL Gold (gr) Gold (gr)

Commercial Metals Company to acquire Tendon

Steel and metals producer Commercial Metals Company (CMC) announced that it has agreed to acquire Tendon.

Commercial Metals Company to acquire Tendon

Commercial Metals Company (CMC) has agreed to acquire Tendon Systems, LLC (Tendon). Tendon's revenues were approximately USD 60 million in calendar year 2022.

Commercial Metals Company stated that this acquisition strengthens its market position in construction reinforcement and complements its existing position in post-tensioning cable.

Tendon Systems, LLC (Tendon) is a leading provider of post-tensioning, barrier cable and concrete restoration solutions applied in various types of construction, including multi-family housing and parking structures.

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