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October 04, 2015 5:58 AM ET

Industrial Conglomerates

Company Overview of Esmark, Inc.

Company Overview

Esmark, Inc. is engaged in steel, oil and gas, aviation, real estate, business services, technology, and sports management businesses. It acquires, owns, and leases business aircraft for private charter and emergency medical response services worldwide; and delivers solutions for small and medium-size businesses to better manage their resources by providing administrative services and human resource outsourcing, as well as services from payroll and HRIS technology to human resources consulting and employee benefits administration. The company explores, develops, produces, and distributes oil and natural gas in the United States with properties in Nebraska and Oklahoma. It identifies and acqu...

100 Hazel Lane

Suite 300

Sewickley, PA 15143

United States

Founded in 2003



Key Executives for Esmark, Inc.

Founder, Chairman and Chief Executive Officer
Age: 54
Age: 52
Chief Financial Officer and Executive Vice President of Finance
Chief Executive Officer of Esmark Industrial Group
Age: 57
Executive Vice President and President of Esmark Steel Group
Compensation as of Fiscal Year 2015.

Esmark, Inc. Key Developments

Esmark Mulls Acquisition Of Zelezara

Esmark, Inc. is still planning to acquire Zelezara Smederevo d.o.o., Esmark founder and Chief Executive Officer told Tanjug. If Esmark wins the tender for Zelezara's management and passes through the ten-month trial period, it plans to buy Zelezara when it comes up for privatisation again.

Esmark Submitted The Only Valid Bid For Zelezara

Esmark, Inc. is expected to take over Zelezara Smederevo d.o.o. As per the privatisation commission, Esmark Europe B.V., subsidiary of Esmark submitted the only valid bid to acquire Zelezara Smederevo subject to European Union approval. Bojan Bojkovic, Head of privatization commission further said that Esmark's bid was the only bid out of the three submitted to fulfil all the conditions of tender. Bojan further said that the contract of sale is expected to be signed by Janaury 2015 end.

Esmark Confirms Bid For Zelezara

Esmark Europe B.V. said the company has filed a bid for Zelezara Smederevo d.o.o. Esmark has filled a bid for 80.01% stake in Zelezara. "I can confirm we submitted our bid prior to the deadline," Esmark, Inc. Communications Director Bill Keegan told SeeNews in an email. Serbian media has quoted Vucic as saying that two of the nine bids submitted for Zelezara Smederevo are valid and that Serbia wishes to see Esmark as the steel mill's strategic buyer. The bids will be opened on January 9, 2015.

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