Alro Steel Acquires Klein Steel Service
May 27, 2022
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.
- Buyers
- Alro Steel
- Targets
- Klein Steel Service, Inc.
- Industry
- Industrial Services
- Location
- New York, United States
- Transaction Type
- Buyout
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