CMIA Merges Steel Cos.

CMIA Capital Partners has merged portfolio companies FerroChina Ltd. and Everbright, into a single company with a pro forma market capitalization of around $860 million. FerroChina manufactures heavy-gauge, galvanized steel coils used mainly in the building and construction industry. Everbright is involved in the manufacture and sale of thin-gauge galvanized steel coils used mainly in the consumer electronics, home appliances, computer, automobile and building material industries. www.cmia.com