Olympic Steel Acquires Action Stainless & Alloys

December 14, 2020

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.

Targets
Action Stainless & Alloys, Inc.
Location
Texas, United States
Transaction Type
Buyout

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