Steel Dynamics Acquires ROCA ACERO S.A. de C.V.

Klöckner & Co SE Acquires National Material of Mexico

August 1, 2023

Industrial Services

Klöckner & Co SE, via its U.S. subsidiary Kloeckner Metals Corporation (KMC), completed the acquisition of National Material of Mexico (NMM), a leading independent steel service center and materials supplier with ten facilities across Mexico. The acquisition expands KMC's footprint in Mexico and strengthens its presence in automotive and industrial end markets; as a combined company the group operates 56 sites with around 2,600 employees. NMM's experienced management team will remain and the business will be integrated stepwise under the Kloeckner Metals brand.

Alro Steel Acquires Klein Steel Service

May 27, 2022

Industrial Services

Alro Steel has acquired Klein Steel Service, a Rochester-based metals supplier and processing center that operates six facilities in western and central New York. The acquisition expands Alro's Northeast footprint and adds Klein Steel's inventory, value-added processing and component manufacturing capabilities to Alro's distribution network. Heritage Capital Group served as exclusive financial advisor to Klein Steel; terms were not disclosed.

Commercial Metals Company Acquires Assets of Roane Metals Group LLC

March 3, 2023

Industrial Services

Commercial Metals Company (CMC) acquired all assets of metal recycling company Roane Metals Group LLC, which operates two facilities in Tennessee capable of processing approximately 85,000 tons of ferrous and non-ferrous materials annually. The acquisition is intended to enhance the security and supply of competitively priced scrap inputs to CMC's steelmaking operations.

BICO Steel Acquires RE Metal Finishing

April 4, 2023

Industrial Services

BICO Steel, a portfolio company of Validor Capital, has acquired RE Metal Finishing (renamed BICO Metal Finishing), a Kent, Ohio-based provider of steel peening and metal finishing services. The acquisition expands BICO’s steel processing and fabrication capabilities across its Ohio and Michigan locations; terms were not disclosed.

Alro Steel Acquires Certain Assets of Riverfront Steel

February 8, 2019

Industrial Services

Alro Steel has acquired certain assets of Riverfront Steel, Inc., a Cincinnati-based carbon steel service center. The acquisition (advised by Angle Advisors for Riverfront) expands Alro's footprint and processing capabilities while enabling improved service and an enlarged customer base across Ohio, Kentucky and Indiana.

Industrias Bachoco Acquires RYC Alimentos

January 24, 2022

Food & Beverage

Industrias Bachoco S.A.B. de C.V. has completed the acquisition of 100% of the shares of RYC Alimentos, a multiproduct meat processor and distributor with productive facilities in Puebla and ~21 retail stores across four Mexican states. The transaction includes two plants and was valued at approximately $61 million in stockholders' equity; RYC reports around $150 million in annual sales and employs more than 900 people.