Steel Industry M&A Database: Distribution | SteelOnTheNet

Russel Metals Inc Acquires 7 Kloeckner US service centres (USA)

Thu, 01 Jan 2026 00:00:00 +0000

[SteelOnTheNet] Acquisition of 7 US metals service centres divested by Kloeckner & Co as a condition of (or in parallel with) Worthington Steel's acquisition of the Kloeckner parent group. Consideration $119m

Topics: Distribution M&A | USA

Buyer: Russel Metals Inc
Target: 7 Kloeckner US service centres
Target country: USA
Stake purchased: 100%
Deal date: Jan 2026
Acquisition cost: $ 119m
Full acquisition cost (100% basis): $ 119m
Turnover: $ 500m
EBITDA: $ 20m
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: 350
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: 340
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

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Worthington Steel Acquires Kloeckner & Co (Germany)

Thu, 01 Jan 2026 00:00:00 +0000

[SteelOnTheNet] Revenue of Euro 6623m in 2024. EBITDA of Euro 136m. Mid-2024 fx rate Euro 0.9315 / $ on 30-Jun-24 thus turnaover $7110m and EBITDA $146m. Kloeckner operates roughly 110 locations across North America and Europe and supplies more than 60,000 customers

Topics: Distribution M&A | Germany

Buyer: Worthington Steel
Target: Kloeckner & Co
Target country: Germany
Stake purchased: 100%
Deal date: Jan 2026
Acquisition cost: $ 2400m
Full acquisition cost (100% basis): $ 2400m
Turnover: $ 7,110m
EBITDA: $ 146m
EBIT: n/a
PBT: n/a
Sales tonnage: 4,453 kt
Employees: 6500
Productivity: 685 tonnes/employee
Full acquisition cost $/t: 539
Full acquisition cost $000/employee: 369
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Russel Metals Inc Acquires Tampa Bay Steel (USA)

Fri, 01 Nov 2024 00:00:00 +0000

[SteelOnTheNet] One of Florida’s major steel distribution and metal processing sources. 2023 revenue was $65m.

Topics: Distribution M&A | USA

Buyer: Russel Metals Inc
Target: Tampa Bay Steel
Target country: USA
Stake purchased: n/a
Deal date: Nov 2024
Acquisition cost: $ 80m
Full acquisition cost (100% basis): $ 80m
Turnover: $ 65m
EBITDA: $ 13m
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: 100
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: 795
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

San Polo Lamiere Acquires Italpack (Italy)

Fri, 01 Nov 2024 00:00:00 +0000

[SteelOnTheNet] Italpack is a service center specialized in the processing and distribution of tinplate and serves customers in food industry and general line markets such as chemical components, paint and aerosol cans, etc. Turnover y/e 9/24 was ~€57m or $65m with fx $1.14/€

Topics: Distribution M&A | Italy

Buyer: San Polo Lamiere
Target: Italpack
Target country: Italy
Stake purchased: 100%
Deal date: Nov 2024
Acquisition cost: n/a
Full acquisition cost (100% basis): n/a
Turnover: $ 65m
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: 50 kt
Employees: 26
Productivity: 1923 tonnes/employee
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: n/a
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Jiangsu Bojun Acquires Chongqing Hyundai Steel Steel Co (China)

Thu, 01 Aug 2024 00:00:00 +0000

[SteelOnTheNet] Sale of Chinese SSC was for KRW 3.7 billion, or $2.7 million. Divestment was part of shift from China to India

Topics: Distribution M&A | China

Buyer: Jiangsu Bojun
Target: Chongqing Hyundai Steel Steel Co
Target country: China
Stake purchased: 100%
Deal date: Aug 2024
Acquisition cost: n/a
Full acquisition cost (100% basis): $ 2.7m
Turnover: n/a
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: n/a
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: n/a
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Russel Metals Inc Acquires Samuel Son & Co (North America)

Thu, 01 Aug 2024 00:00:00 +0000

[SteelOnTheNet] $225 million deal covers five locations in Western Canada (Winnipeg, Calgary, Nisku, Langley and Surrey) and two in the US (Buffalo and Pittsburgh)

Topics: Distribution M&A | North America

Buyer: Russel Metals Inc
Target: Samuel Son & Co
Target country: North America
Stake purchased: n/a
Deal date: Aug 2024
Acquisition cost: $ 225m
Full acquisition cost (100% basis): $ 225m
Turnover: $ 609m
EBITDA: $ 29m
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: 340
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: 662
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

ASD Limited Acquires Atlantic Steel Processing (UK)

Mon, 01 Jul 2024 00:00:00 +0000

[SteelOnTheNet] Leeds-headquartered ASD Ltd, a supplier of metals and metal processing services. It acquired the assets of Atlantic Steel Processing Ltd, based in Birkenhead. Year 2022 sales £67m. Avg 2022 fx $1.22 / £

Topics: Distribution M&A | UK

Buyer: ASD Limited
Target: Atlantic Steel Processing
Target country: UK
Stake purchased: n/a
Deal date: Jul 2024
Acquisition cost: n/a
Full acquisition cost (100% basis): n/a
Turnover: $ 82m
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: n/a
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: n/a
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Wegener GmbH Acquires Ib Andresen Industri (Nordics)

Wed, 01 May 2024 00:00:00 +0000

[SteelOnTheNet] Ib Andresen Industri (IAI) is a leading European provider of steel service centre services, roll-formed steel profiles and sheet metal processing. Acqn includes subsidiaries in Denmark, Sweden and Norway. Turnover DKK 1827m ($279m) and EBITDA DKK 136m ($21m) in year to June 2023 at fx DKK 6.56 / $

Topics: Distribution M&A | Nordics

Buyer: Wegener GmbH
Target: Ib Andresen Industri
Target country: Nordics
Stake purchased: 100%
Deal date: May 2024
Acquisition cost: n/a
Full acquisition cost (100% basis): n/a
Turnover: $ 279m
EBITDA: $ 21m
EBIT: n/a
PBT: n/a
Sales tonnage: 500 kt
Employees: 500
Productivity: 1000 tonnes/employee
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: n/a
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Reliance Inc Acquires Mid-West Materials (USA)

Mon, 01 Apr 2024 00:00:00 +0000

[SteelOnTheNet] Reliance, one of North America’s largest metals service center companies, has expanded its footprint in Ohio by acquiring all the outstanding equity interests of flat-rolled steel service center Mid-West Materials,

Topics: Distribution M&A | USA

Buyer: Reliance Inc
Target: Mid-West Materials
Target country: USA
Stake purchased: 100%
Deal date: Apr 2024
Acquisition cost: n/a
Full acquisition cost (100% basis): n/a
Turnover: $ 87m
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: n/a
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: n/a
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Severstal Acquires A Group Corporation (Russia)

Mon, 01 Apr 2024 00:00:00 +0000

[SteelOnTheNet] The A Group network of metal centers in Russia has an infrastructure of 24 warehouses. The company's sales volume in 2023 amounted to more than 1.2 million mt of metal products, especially to the construction industry

Topics: Distribution M&A | Russia

Buyer: Severstal
Target: A Group Corporation
Target country: Russia
Stake purchased: 100%
Deal date: Apr 2024
Acquisition cost: n/a
Full acquisition cost (100% basis): n/a
Turnover: n/a
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: n/a
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: n/a
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Hill & Smith Acquires Capital Steel (USA)

Mon, 01 Jan 2024 00:00:00 +0000

[SteelOnTheNet] Capital Steel, located in Trenton, New Jersey supplies structural steel products and services principally into the electrical transmission and distribution market. It has served the utility and infrastructure needs across the US East Coast for over 25 years

Topics: Distribution M&A | USA

Buyer: Hill & Smith
Target: Capital Steel
Target country: USA
Stake purchased: 100%
Deal date: Jan 2024
Acquisition cost: $ 6m
Full acquisition cost (100% basis): $ 6m
Turnover: $ 8m
EBITDA: n/a
EBIT: $ 1m
PBT: n/a
Sales tonnage: n/a
Employees: n/a
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: n/a
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Smith Stal Acquires Stena Stal (Norway)

Mon, 01 Jan 2024 00:00:00 +0000

[SteelOnTheNet] Stena Stål AS had a turnover of 70 million NOK in 2023 and 11 employees. The takeover will be completed in the first quarter of 2024. Fx NOK 10.35 / $

Topics: Distribution M&A | Norway

Buyer: Smith Stal
Target: Stena Stal
Target country: Norway
Stake purchased: 100%
Deal date: Jan 2024
Acquisition cost: n/a
Full acquisition cost (100% basis): n/a
Turnover: $ 7m
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: 11
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: n/a
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Jacquet Metals Acquires Swiss Steel subsids (Europe)

Sun, 01 Oct 2023 00:00:00 +0000

[SteelOnTheNet] Jacquet acquired Swiss Steel's distribution companies in the Czech Republic, Poland, Slovakia, Hungary, Lithuania, Estonia and Latvia, that generated total net revenues of EUR 158 million and an EBITDA of EUR 12 million in 2022

Topics: Distribution M&A | Europe

Buyer: Jacquet Metals
Target: Swiss Steel subsids
Target country: Europe
Stake purchased: 100%
Deal date: Oct 2023
Acquisition cost: n/a
Full acquisition cost (100% basis): n/a
Turnover: $ 166m
EBITDA: $ 12m
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: 267
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: n/a
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Barrett Steel Acquires Aartee Bright Bar (UK)

Wed, 01 Mar 2023 00:00:00 +0000

[SteelOnTheNet] Acquisition related to certain distribution assets only. Aartee Bright Bar Limited’s Hot Rolled business in Dudley was not included in this transaction. Consideration was GBP £13m. Fx $1.24 / £

Topics: Distribution M&A | UK

Buyer: Barrett Steel
Target: Aartee Bright Bar
Target country: UK
Stake purchased: n/a
Deal date: Mar 2023
Acquisition cost: $ 16m
Full acquisition cost (100% basis): $ 16m
Turnover: n/a
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: 173
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: 92
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Klockner Acquires National Material of Mexico (Mexico)

Thu, 01 Dec 2022 00:00:00 +0000

[SteelOnTheNet] NMM is leading independent service center and materials supplier serving automotive and industrial end markets in North America with ten facilities throughout Mexico

Topics: Distribution M&A | Mexico

Buyer: Klockner
Target: National Material of Mexico
Target country: Mexico
Stake purchased: 100%
Deal date: Dec 2022
Acquisition cost: $ 340m
Full acquisition cost (100% basis): $ 340m
Turnover: $ 610m
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: 500
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: 680
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Marubeni-Itochu Steel Acquires B&M Steel (UK)

Sat, 01 Oct 2022 00:00:00 +0000

[SteelOnTheNet] Marubeni-Itochu Steel Europe GmbH (MISEA) acquired 100% of the shares from BREAL Capital and took over as owners of B&M Steel for GBP £16 billion. Fx $1.125 / £. Sales £65m in 2021 [fx rate $1.375/£]

Topics: Distribution M&A | UK

Buyer: Marubeni-Itochu Steel
Target: B&M Steel
Target country: UK
Stake purchased: 100%
Deal date: Oct 2022
Acquisition cost: $ 18000m
Full acquisition cost (100% basis): $ 18000m
Turnover: $ 89m
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: 400
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: 45,000
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

More Acquires Megasteel (UK)

Thu, 01 Sep 2022 00:00:00 +0000

[SteelOnTheNet] Megasteel is largest indep stockholder and distributor of steel for the prestressing and post-tensioning for concrete products in the UK. Acquired for between £49.5 million and £63 million, or ~£56m. Fx $1.15 / £. 2021 t/o £19.7m.

Topics: Distribution M&A | UK

Buyer: More
Target: Megasteel
Target country: UK
Stake purchased: 100%
Deal date: Sep 2022
Acquisition cost: $ 64m
Full acquisition cost (100% basis): $ 64m
Turnover: $ 27m
EBITDA: n/a
EBIT: n/a
PBT: $ 4m
Sales tonnage: n/a
Employees: 33
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: 1,939
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Russel Metals Inc Acquires Boyd Metals (USA)

Mon, 01 Nov 2021 00:00:00 +0000

[SteelOnTheNet] Boyd operates five service centers in Fort Smith (Arkansas), Little Rock (Arkansas), Joplin (Missouri), Oklahoma City (Oklahoma) and Tyler (Texas). Boyd's product mix is primarily comprised of carbon steel products, but also includes stainless steel, aluminum

Topics: Distribution M&A | USA

Buyer: Russel Metals Inc
Target: Boyd Metals
Target country: USA
Stake purchased: 100%
Deal date: Nov 2021
Acquisition cost: $ 110m
Full acquisition cost (100% basis): $ 110m
Turnover: $ 244m
EBITDA: $ 39m
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: 72
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: 1,528
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Cedar Holdings Acquires Stemcor (UK)

Wed, 01 Jul 2020 00:00:00 +0000

[SteelOnTheNet] Cedar deal reportedly valued at $150 million (unconfirmed) and sees ownership transferred fully from US investor Apollo group. Cedar is China’s largest private commodity trader, with 2017 revenue of $32.7 billion.

Topics: Distribution M&A | UK

Buyer: Cedar Holdings
Target: Stemcor
Target country: UK
Stake purchased: 100%
Deal date: Jul 2020
Acquisition cost: $ 150m
Full acquisition cost (100% basis): $ 150m
Turnover: $ 1,740m
EBITDA: n/a
EBIT: n/a
PBT: $ 88m
Sales tonnage: 3,100 kt
Employees: n/a
Productivity: n/a
Full acquisition cost $/t: 48
Full acquisition cost $000/employee: n/a
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Barrett Steel Acquires British Steel Distribution depots (UK)

Sun, 01 Mar 2020 00:00:00 +0000

[SteelOnTheNet] Barrett is a steek stockholder. British Steel Distribution's Scunthorpe, Edinburgh and Cheadle locations are to be merged into Barrett's existing depots.

Topics: Distribution M&A | UK

Buyer: Barrett Steel
Target: British Steel Distribution depots
Target country: UK
Stake purchased: n/a
Deal date: Mar 2020
Acquisition cost: n/a
Full acquisition cost (100% basis): n/a
Turnover: n/a
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: 75
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: n/a
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Breal Capital Acquires Pulman Steel (UK)

Fri, 01 Nov 2019 00:00:00 +0000

[SteelOnTheNet] Founded in 1830, Pulman Steel has grown to become one of the largest independent steel stockholders and leading steel processing centres in the North. It employs more than 80 people with a turnover expected to reach £13m in 2019. Avg fx $1.277 / £

Topics: Distribution M&A | UK

Buyer: Breal Capital
Target: Pulman Steel
Target country: UK
Stake purchased: 100%
Deal date: Nov 2019
Acquisition cost: n/a
Full acquisition cost (100% basis): n/a
Turnover: $ 17m
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: 80
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: n/a
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

GFG Alliance Acquires Steelforce (Australia)

Thu, 01 Aug 2019 00:00:00 +0000

[SteelOnTheNet] Steelforce is a vertically integrated manufacturer, trader and distributor of steel pipe and tube across Australia and New Zealand

Topics: Distribution M&A | Australia

Buyer: GFG Alliance
Target: Steelforce
Target country: Australia
Stake purchased: 100%
Deal date: Aug 2019
Acquisition cost: n/a
Full acquisition cost (100% basis): n/a
Turnover: $ 18m
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: 120 kt
Employees: 63
Productivity: 302 tonnes/employee
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: n/a
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Van Leeuwen Acquires Benteler Distribution (Europe)

Thu, 01 Aug 2019 00:00:00 +0000

[SteelOnTheNet] BENTELER Distribution, a division of BENTELER International AG with an annual turnover of about 750 million Euro (2018). Fx avg $ 1.18 / €

Topics: Distribution M&A | Europe

Buyer: Van Leeuwen
Target: Benteler Distribution
Target country: Europe
Stake purchased: 100%
Deal date: Aug 2019
Acquisition cost: n/a
Full acquisition cost (100% basis): n/a
Turnover: $ 885m
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: 1600
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: n/a
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Steel Dynamics Acquires United Steel Supply (USA)

Fri, 01 Mar 2019 00:00:00 +0000

[SteelOnTheNet] Purchase of 75% of equity for $134 million, comprised of cash consideration of $93 million and the assumption of $41 million in apportioned net indebtedness. Deal valued at 5x adj EBITDA

Topics: Distribution M&A | USA

Buyer: Steel Dynamics
Target: United Steel Supply
Target country: USA
Stake purchased: 75%
Deal date: Mar 2019
Acquisition cost: $ 93m
Full acquisition cost (100% basis): $ 124m
Turnover: n/a
EBITDA: $ 25m
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: 38
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: 2,447
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Tibnor Acquires Sanistål A/S (Denmark)

Thu, 01 Nov 2018 00:00:00 +0000

[SteelOnTheNet] SSAB’s subsid Tibnor acquired steel distribution business of the Denmark's Sanistål A/S, [Denmark’s 2nd largest steel distributor]. Asset deal value of approximately SEK 630 million. Fx SEK 9.08 / $. Turnover 2017 ~SEK 1.8 billion; avg fx SEK 8.525/$]

Topics: Distribution M&A | Denmark

Buyer: Tibnor
Target: Sanistål A/S
Target country: Denmark
Stake purchased: n/a
Deal date: Nov 2018
Acquisition cost: $ 69m
Full acquisition cost (100% basis): $ 69m
Turnover: $ 211m
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: 130
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: 531
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Ryerson Acquires Central Steel & Wire (USA)

Fri, 01 Jun 2018 00:00:00 +0000

[SteelOnTheNet] Central Steel & Wire is a metal service center with six locations across the Central and Eastern U.S.

Topics: Distribution M&A | USA

Buyer: Ryerson
Target: Central Steel & Wire
Target country: USA
Stake purchased: 100%
Deal date: Jun 2018
Acquisition cost: $ 140m
Full acquisition cost (100% basis): $ 140m
Turnover: $ 600m
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: 900
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: 156
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Trifast plc Acquires Precision Technology Supplies (UK)

Sun, 01 Apr 2018 00:00:00 +0000

[SteelOnTheNet] PTS is a supplier of stainless steel fastenings. For y/e March 2017, it reported sales of GBP £5.11m. Fx $1.24 / £

Topics: Distribution M&A | UK

Buyer: Trifast plc
Target: Precision Technology Supplies
Target country: UK
Stake purchased: 100%
Deal date: Apr 2018
Acquisition cost: n/a
Full acquisition cost (100% basis): n/a
Turnover: $ 6m
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: 27
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: n/a
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Ovako Acquires Tibnor Oy (Finland)

Sun, 01 Feb 2015 00:00:00 +0000

[SteelOnTheNet] Tibnor Oy purchases, warehouses, processes and distributes steel and other metals for the engineering, process and construction industries. The firm has approx 50 employees and sales amounted to EUR 66.6 million in 2013 (avg fx $ 1.328 / €)

Topics: Distribution M&A | Finland

Buyer: Ovako
Target: Tibnor Oy
Target country: Finland
Stake purchased: 100%
Deal date: Feb 2015
Acquisition cost: n/a
Full acquisition cost (100% basis): n/a
Turnover: $ 88m
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: 50
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: n/a
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Hesteel Acquires Duferco (Switzerland)

Sat, 01 Nov 2014 00:00:00 +0000

[SteelOnTheNet] Hebei Iron and Steel Co.,Ltd signed an equity cooperation agreement to acquire a 41% stake in Duferco International Trading Holding S.A. from Duferco S.A. for $400 million on November 18, 2014.

Topics: Distribution M&A | Switzerland

Buyer: Hesteel
Target: Duferco
Target country: Switzerland
Stake purchased: 41%
Deal date: Nov 2014
Acquisition cost: $ 400m
Full acquisition cost (100% basis): $ 976m
Turnover: n/a
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: n/a
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: n/a
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Klockner Acquires Macsteel Service Centers USA (MSCUSA) (USA)

Fri, 01 Apr 2011 00:00:00 +0000

[SteelOnTheNet] MSCUSA is a leading U.S. steel service center focused on flat products. In the 2011 fiscal year, the company anticipates sales of approximately USD1.8bn. EBITDA estimate based on EBITDA multiple 7x

Topics: Distribution M&A | USA

Buyer: Klockner
Target: Macsteel Service Centers USA (MSCUSA)
Target country: USA
Stake purchased: 100%
Deal date: Apr 2011
Acquisition cost: $ 660m
Full acquisition cost (100% basis): $ 660m
Turnover: $ 1,800m
EBITDA: $ 120m
EBIT: n/a
PBT: n/a
Sales tonnage: 1,088 kt
Employees: 1183
Productivity: 920 tonnes/employee
Full acquisition cost $/t: 607
Full acquisition cost $000/employee: 558
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Klockner Acquires Lake Steel (USA)

Wed, 01 Dec 2010 00:00:00 +0000

[SteelOnTheNet] Klöckner & Co acquired the distributor Lake Steel Ltd. in Amarillo, Texas (USA) via its U.S. subsidiary Namasco Corp. 2010 turnover €50m. Avg fx $ 1.324 / €

Topics: Distribution M&A | USA

Buyer: Klockner
Target: Lake Steel
Target country: USA
Stake purchased: 100%
Deal date: Dec 2010
Acquisition cost: n/a
Full acquisition cost (100% basis): n/a
Turnover: $ 66m
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: 100
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: n/a
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Esmark Steel Group Acquires Amtex Steel (USA)

Sun, 01 Nov 2009 00:00:00 +0000

[SteelOnTheNet] Amtex Steel later renamed Chicago Steel & Iron after the acquisition. The $10 million acquisition included Amtex's physical plant assets and real estate, as well as its rail line facilities.

Topics: Distribution M&A | USA

Buyer: Esmark Steel Group
Target: Amtex Steel
Target country: USA
Stake purchased: 100%
Deal date: Nov 2009
Acquisition cost: $ 10m
Full acquisition cost (100% basis): $ 10m
Turnover: n/a
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: 70
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: 143
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

NLMK Acquires Novexco / Novex Trading (Cyprus, Switz)

Tue, 01 Jan 2008 00:00:00 +0000

[SteelOnTheNet] Acquisition of two steel trading companies for about 77 million euros ($112.8 million) from U.S. firm United Steel Group.

Topics: Distribution M&A | Cyprus, Switz

Buyer: NLMK
Target: Novexco / Novex Trading
Target country: Cyprus, Switz
Stake purchased: 100%
Deal date: Jan 2008
Acquisition cost: $ 113m
Full acquisition cost (100% basis): $ 113m
Turnover: n/a
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: n/a
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: n/a
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

OneSteel Ltd Acquires Fagersta (Australia)

Sat, 01 Sep 2007 00:00:00 +0000

[SteelOnTheNet] Fagersta is Australia's fourth largest stainless steel distributor. It has five sites in Brisbane, Sydney, Melbourne, Shepparton and Adelaide,

Topics: Distribution M&A | Australia

Buyer: OneSteel Ltd
Target: Fagersta
Target country: Australia
Stake purchased: 100%
Deal date: Sep 2007
Acquisition cost: n/a
Full acquisition cost (100% basis): n/a
Turnover: $ 70m
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: 49
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: n/a
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.

Klockner Acquires Primary Steel LLC (USA)

Sun, 01 Apr 2007 00:00:00 +0000

[SteelOnTheNet] Primary Steel LLC is a steel distribution company with 7 branches in North America. It is specialized in the distribution and pre-processing of flat steel products, particularly plates. It has 412 employees and achieved sales of $467 million in 2006.

Topics: Distribution M&A | USA

Buyer: Klockner
Target: Primary Steel LLC
Target country: USA
Stake purchased: 100%
Deal date: Apr 2007
Acquisition cost: n/a
Full acquisition cost (100% basis): n/a
Turnover: $ 467m
EBITDA: n/a
EBIT: n/a
PBT: n/a
Sales tonnage: n/a
Employees: 412
Productivity: n/a
Full acquisition cost $/t: n/a
Full acquisition cost $000/employee: n/a
Note: all tonnages are metric. Turnover, EBITDA, EBIT and PBT reflect the target's most recently reported historic actual figures at the time of the deal, not forward projections.