Announced
Financials
Tags
Iron and Steel
Domestic
metal service center
Private
Single Bidder
Acquisition
United States
Majority
Friendly
Pending
Synopsis
Norfolk Iron & Metal, a full-line steel service center, agreed to acquire Cd'A Metals, a full-line metal service center in the Inland Northwest. Financial terms were not disclosed. "We are pleased to welcome the Cd'A team members to the NIM family. This investment represents a strategic opportunity to increase our capacity and geographic presence and is integral to our commitment to meet the growing needs of our customers. Cd'A Metals' complementary capabilities combined with its long history of success positions us well to further develop our business in the northwestern markets," Richard Robinson, NIM Chairman and CEO.
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