Add-on acquisition Jul 2022 · Pittsburg, CA; Fontana, CA; Longview, WA Verified
Mercury Transport is a Follow-on to Merit Steel USA Acquisition
The acquisition of Mercury Transport is described as a follow-on investment to Majestic's 2021 acquisition of Merit Steel USA, a West Coast steel service center. This indicates a bolt-on strategy to enhance logistics for the existing platform.
“The acquisition of Mercury Transport is a follow-on investment to Majestic's 2021 acquisition of Merit Steel USA, a West Coast based steel service center with locations in Pittsburg, CA, Fontana, CA, and Longview, WA.”
Entities
Mercury Transport Inc. · Target
HVACOther Sentiment: Positive
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.