Announced
Completed
Financials
Tags
alloy steels
Private
United States
Acquisition
Majority
Completed
tool steels
Diversified Industrials
Domestic
Friendly
Single Bidder
Synopsis
Ryerson, a processor and distributor of industrial metals, completed the acquisition of Hudson Tool Steel Corporation, a supplier of tool steels and high-speed, carbon, and alloy steels. Financial terms were not disclosed. "Hudson's offering of high-quality standard and specialty-grade tool steel builds upon Ryerson's expanding tool steel business. Hudson's expertise, together with existing tool steel capabilities within the Ryerson Family of Companies, will enable us to better serve customers across our network," Mike Burbach, Ryerson COO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.