.
MergerLinks Header Logo

Announced

Completed

TMS International completed the acquisition of Stein.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

United States

steel mills

steel reclamation

Private

Single Bidder

scrap managament

Acquisition

Domestic

Majority

Completed

Iron and Steel

Friendly

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US