EX-8.1 3 d916779dex81.htm EX-8.1 EX-8.1

Exhibit 8.1

Principal subsidiaries

The following is a list of Ternium’s subsidiaries at December 31, 2014.

 

Company    Country of
Organization
   Main activity    Percentage of ownership at
December 31,
 
         2014     2013     2012  

Ternium S.A.

   Luxembourg    Holding      100.00     100.00     100.00

Ternium Investments S.à.r.l.

   Luxembourg    Holding      100.00     100.00     100.00

Ternium Solutions A.G. (1)

   Switzerland    Services      100.00     100.00     100.00

Ternium Brasil S.A. (1)

   Brazil    Holding      100.00     100.00     100.00

Ternium Investments Switzerland AG (1)

   Switzerland    Holding      100.00     100.00     100.00

Ternium Internacional España S.L.U. (1)

   Spain    Marketing of steel products      100.00     100.00     100.00

Siderúrgica do Norte Fluminense S.A. (2)

   Brazil    Manufacturing and selling of steel products      —          100.00     100.00

Consorcio Siderurgia Amazonia S.L. (3)

   Spain    Holding      —          94.38     94.38

Secor - Servicios Corporativos S.A. (4)

   Venezuela    Holding      —          —          94.53

Siderar S.A.I.C. (5)

   Argentina    Manufacturing and selling of flat steel products      60.94     60.94     60.94

Impeco S.A. (6)

   Argentina    Manufacturing of pipe products      60.97     60.97     60.97

Prosid Investments S.C.A. (6)

   Uruguay    Holding      60.94     60.94     60.94

Ternium Mexico S.A. de C.V. (7)

   Mexico    Holding      88.72     88.72     88.72

Hylsa S.A. de C.V. (8)

   Mexico    Manufacturing and selling of steel products      88.72     88.72     88.72

Las Encinas S.A. de C.V. (8)

   Mexico    Exploration, exploitation and pelletizing of iron ore      88.72     88.72     88.72

Ferropak Comercial S.A. de C.V. (8)

   Mexico    Scrap services company      88.72     88.72     88.72

Ferropak Servicios S.A. de C.V. (8)

   Mexico    Services      88.72     88.72     88.72

Galvacer America Inc (8)

   USA    Distributing company      88.72     88.72     88.72

Galvamet America Corp (8)

   USA    Manufacturing and selling of insulated panel products      88.72     88.72     88.72

Transamerica E. & I. Trading Corp. (8)

   USA    Scrap services company      88.72     88.72     88.72

Técnica Industrial S.A. de C.V. (8)

   Mexico    Services      88.72     88.72     88.72

Corporativo Grupo Imsa S.A. de C.V. (8)

   Mexico    Services      88.72     88.72     88.72

Acedor, S.A. de C.V. (8)

   Mexico    Holding      88.72     88.72     88.72

Ternium Gas México S.A. de C.V. (9)

   Mexico    Financial Services      88.72     88.72     88.72

Ecore Holding S. de R.L. de C.V. (10)

   Mexico    Holding      —          88.72     88.72

Treasury Services S.A. de C.V. (10)

   Mexico    Financial Services      —          88.72     88.72

APM, S.A. de C.V. (10)

   Mexico    Manufacturing and selling of steel products      —          88.72     88.72

Acerus S.A. de C.V. (10)

   Mexico    Manufacturing and selling of steel products      —          88.72     88.72

Neotec L.L.C. (11)

   USA    Holding      —          88.72     88.72

Imsa Monclova S.A. de C.V. (12)

   Mexico    Services      —          —          88.72

Ternium Internacional Guatemala S.A. (13)

   Guatemala    Selling of steel products      99,98     99,98     99,98

Ternium USA Inc. (14)

   USA    Manufacturing and selling of steel products      100.00     100.00     88.72

Consorcio Minero Benito Juarez Peña Colorada S.A. de C.V. (15)

   Mexico    Exploration, exploitation and pelletizing of iron ore      44.36     44.36     —     

Peña Colorada Servicios S.A. de C.V. (15)

   Mexico    Services      44.36     44.36     —     

Exiros B.V. (15)

   Netherlands    Procurement and trading services      50.00     50.00     —     

Servicios Integrales Nova de Monterrey S.A. de C.V. (16)

   Mexico    Medical and Social Services      66.09     66.09     66.09

Ternium Internacional Nicaragua S.A.

   Nicaragua    Manufacturing and selling of steel products      99.38     99.38     99.38


Ternium Internacional Honduras S.A. de C.V.

   Honduras    Manufacturing and selling of steel products      99.18     99.18     99.18

Ternium Internacional El Salvador S.A. de C.V.

   El Salvador    Manufacturing and selling of steel products      99.91     99.91     99.91

Ternium Internacional Costa Rica S.A.

   Costa Rica    Manufacturing and selling of steel products      99.98     99.98     99.98

Ferrasa S.A.S. (17)

   Colombia    Manufacturing and selling of steel products      54.00     54.00     54.00

Perfilamos del Cauca S.A.S. (17)

   Colombia    Manufacturing and selling of steel products      54.00     54.00     54.00

Siderúrgica de Caldas S.A.S. (17)

   Colombia    Manufacturing and selling of steel products      54.00     54.00     54.00

Procesadora de Materiales Industriales S.A. (17)

   Colombia    Scrap services company      54.00     54.00     32.40

Figuraciones S.A.S. (18)

   Colombia    Manufacturing and selling of steel products      —          54.00     54.00

Tenigal S. de R.L. de C.V. (19)

   Mexico    Manufacturing and selling of steel products      51.00     51.00     51.00

Ternium Internacional S.A. (20)

   Uruguay    Holding and marketing of steel products      100.00     100.00     100.00

Ternium Procurement S.A. (20)

   Uruguay    Procurement services      100.00     100.00     100.00

Ternium International Inc. (20)

   Panama    Marketing of steel products      100.00     100.00     100.00

Ternium Treasury Services S.A. (20)

   Uruguay    Financial Services      100.00     100.00     100.00

Ternium International Ecuador S.A. (21)

   Ecuador    Marketing of steel products      100.00     100.00     100.00

Ternium International USA Corporation (21)

   USA    Marketing of steel products      100.00     100.00     100.00

Ternium Internacional de Colombia S.A.S. (21)

   Colombia    Marketing of steel products      100.00     100.00     100.00

Ternium Internationaal B.V. (22)

   Netherlands    Marketing of steel products      100.00     100.00     100.00

Ternium Engineering & Services S.A. (23)

   Uruguay    Engineering and other services      100.00     100.00     100.00

Ternium Ingeniería y Servicios de Argentina S.A.

   Argentina    Engineering and other services      100.00     100.00     100.00

Ternium Ingeniería y Servicios de México S.A. de C.V.

   Mexico    Engineering and other services      100.00     100.00     100.00

Ternium Treasury Services B.V. (24)

   Netherlands    Financial Services      —          100.00     100.00

Soluciones Integrales de Gestión S.A. (25)

   Argentina    Other services      100.00     100.00     —     

Ferrasa Panamá, S.A. (26)

   Panama    Manufacturing and selling of steel products      54.00     54.00     54.00

Aceros Transformados de Panamá, S.A. (26)

   Panama    Manufacturing and selling of steel products      54.00     54.00     54.00

 

(1) Indirectly through Ternium Investments S.à.r.l. Total voting rights held: 100.00%.
(2) This company was sold as of January 9, 2014.
(3) This company was dissolved as of December 17, 2014.
(4) This company was dissolved as of January 8, 2013.
(5) Indirectly through Ternium Internacional España S.L.U. Total voting rights held: 60.94%.
(6) Indirectly through Siderar S.A.I.C and Ternium Internacional S.A. Total voting rights held 100.00%.
(7) Indirectly through Siderar S.A.I.C., Ternium Internacional S.A. and Ternium Internacional España S.L.U. Total voting rights held 99.93%.
(8) Indirectly through Ternium Mexico S.A. de C.V. Total voting rights held: 100.00%.
(9) Indirectly through Ternium Mexico S.A. de C.V. and Tenigal S. de R.L. de C.V. Total voting rights held: 100.00%.
(10) Merged with Ternium Mexico S.A. de C.V. during the first quarter of 2014.
(11) This company was dissolved as of September 5, 2014.
(12) Merged with Ternium Mexico S.A. de C.V. during the fourth quarter of 2011.
(13) Indirectly through Ternium Internacional España S.L.U. Total voting rights held: 100%.
(14) Since first quarter 2013, indirectly through Ternium Investments S.à.r.l. (100.00%). Total voting rights held: 100.00%. Before that, indirectly through Ternium Mexico S.A. de C.V.


(15) Total voting rights held: 50.00%.
(16) Indirectly through Ternium Mexico S.A. de C.V. Total voting rights held: 74.50%.
(17) Indirectly through Ternium Internacional España S.L.U.. Total voting rights held: 54.00%.
(18) This company was dissolved as of December 24, 2014.
(19) Indirectly through Ternium Internacional España S.L.U.. Total voting rights held: 51.00%.
(20) Indirectly through Ternium Investments Switzerland AG. Total voting rights held: 100.00%.
(21) Indirectly through Ternium Internacional S.A. Total voting rights held 100.00%.
(22) Since fourth quarter 2014, indirectly through Ternium Investments Switzerland AG (100.00%). Total voting rights held: 100.00%. Before that, indirectly through Ternium Internacional S.A.
(23) Indirectly through Ternium Internacional Inc.. Total voting rights held 100.00%.
(24) Merged with Ternium Internationaal B.V. during the fourth quarter of 2014.
(25) Indirectly through Ternium Investments S.à.r.l. and Ternium Treasury Services S.A. Total voting rights held: 100.00%.
(26) Indirectly through Ternium Treasury Services S.A. Total voting rights held: 54.00%.