Contractors Steel (UPG Enterprises) Acquires Borrmann Metal Center
December 14, 2020
Contractors Steel, part of Chicago-based UPG Enterprises LLC, has acquired Borrmann Metal Center, a 100+-year-old metal distributor based in Burbank, California. American Discovery Capital served as financial advisor to Borrmann; the acquisition expands Contractors Steel/UPG’s national footprint and broadens product offerings in structural and distribution products across California and Arizona.
- Buyers
- Contractors Steel, UPG Enterprises LLC
- Targets
- Borrmann Metal Center
- Sellers
- Borrmann Metal Center owners (co-Presidents Robert Wedeen and Rob Persson)
- Industry
- Industrial Services
- Location
- California, United States
- Transaction Type
- Buyout
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