Add-on acquisition Aug 2021 · Western US
Majestic Steel acquires assets of Merit Steel USA
Majestic Steel USA acquired the business assets of Merit Steel USA (Merit Ends and Viking Processing Corporation), a West Coast service center, expanding Majestic's presence in the Western US. This is a steel-industry deal, not a home-service trade roll-up.
“CLEVELAND — Majestic Steel USA Inc. announced the acquisition of the business assets of Merit Steel USA, legally known as Merit Ends and Viking Processing Corporation.”
Entities
Majestic Steel USA Inc. · Acquirer Merit Steel USA · Target
Other Sentiment: Positive
Source: www.achrnews.com
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.