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Announced

Completed

Ryerson completed the acquisition of Hudson Tool Steel Corporation.

Financials

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

Tags

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alloy steels

Private

United States

Acquisition

Majority

Completed

tool steels

Diversified Industrials

Domestic

Friendly

Single Bidder

Synopsis

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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.

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