Majestic Steel USA Acquires Merit Steel USA
August 18, 2021
Majestic Steel USA, a privately held steel distributor and processor based in Cleveland, acquired the business assets of Merit Steel USA (legally Merit Ends and Viking Processing Corporation), a West Coast steel service center headquartered in Pittsburg, California, with additional locations in Fontana, CA and Longview, WA. The acquisition expands Majestic's footprint in the Western United States and strengthens its ability to serve customers amid ongoing supply-chain constraints.
- Buyers
- Majestic Steel USA
- Targets
- Merit Steel USA (Merit Ends and Viking Processing Corporation)
- Sellers
- Merit Ends, Viking Processing Corporation
- Industry
- Industrial Services
- Location
- California, United States
- Transaction Type
- Buyout
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