Announced
Completed
Financials
Tags
United States
steel mills
steel reclamation
Private
Single Bidder
scrap managament
Acquisition
Domestic
Majority
Completed
Iron and Steel
Friendly
Synopsis
TMS International, a steelmaker, completed the acquisition of Stein, a steel mill processing services provider. Financial terms were not disclosed. "Stein has a long and distinguished history in our industry and nicely complements our existing services that we provide to world class steelmakers throughout the US. This acquisition is an excellent fit with our company and meaningfully strengthens our US footprint and will provide a breadth and depth of resources and talent to us," Raymond Kalouche, TMS President and CEO.
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