Olympic Steel Acquires Central Tube & Bar

Olympic Steel Acquires Metal Works

November 11, 2024

Manufacturing

Olympic Steel, Inc. (Nasdaq: ZEUS) has acquired Metal Works, a manufacturer of metal canopy components, roll-formed products and solar racking, in an all-cash transaction. Metal Works will continue to operate from its two Oakwood, Georgia facilities and will be reported within Olympic Steel's Carbon Flat Rolled business segment as the acquisition expands Olympic Steel's manufactured metal product capabilities and footprint.

Olympic Steel Acquires Metal-Fab, Inc.

January 3, 2023

Manufacturing

Olympic Steel Inc. (Nasdaq: ZEUS) has acquired all outstanding shares of Metal-Fab, Inc., a Wichita-based manufacturer of venting and filtration products. The deal expands Olympic Steel's manufacturing capabilities and product offerings in coated carbon and stainless steel and is expected to be immediately accretive.

Olympic Steel Acquires Action Stainless & Alloys

December 14, 2020

Industrial Services

Olympic Steel Inc. (Nasdaq: ZEUS) has acquired the assets of Action Stainless & Alloys, a full-line distributor and processor of stainless steel and aluminum based near Dallas, Texas. The all-cash transaction expands Olympic Steel's specialty metals footprint and adds product and processing capabilities; terms were not disclosed.

Lion Equity Partners Acquires Custom Tube Products, Inc.

September 22, 2025

Manufacturing

Lion Equity Partners, a Denver-based private equity firm, has acquired Custom Tube Products (CTP), an Edgewater, Florida manufacturer of precision metal tubing assemblies. The deal will fold CTP into Lion Equity's existing platform Elkhart Tri-Went Industrial (ETI) as an add-on to expand ETI's production footprint and add CNC tube bending, end forming, and brazing capabilities for aerospace, medical, and industrial OEM customers.

Tube Bending Technology Acquires Scarrott Metallurgical Company

March 27, 2024

Manufacturing

Washington Equity Partners’ portfolio company Tube Bending Technology has acquired Scarrott Metallurgical Company, a Los Angeles-based vacuum brazing and heat-treating specialist serving aerospace, defense and space customers. The add-on expands Tube Bending’s vertically integrated manufacturing capabilities (AS9100 and NADCAP certified) and enables greater in‑house production of tube and duct assemblies.

Olympic Steel Acquires Shaw Stainless & Alloy

October 1, 2021

Manufacturing

Olympic Steel Inc. has acquired the assets of Shaw Stainless & Alloy in an all-cash, immediately accretive transaction; terms were not disclosed. The acquisition brings Shaw's stainless steel distribution, fabrication, architectural and barrier defense businesses into Olympic Steel's specialty metals segment while retaining Shaw's management and operations in Georgia.