Olympic Steel Acquires Shaw Stainless & Alloy
October 1, 2021
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.
- Buyers
- Olympic Steel Inc.
- Targets
- Shaw Stainless & Alloy, Inc.
- Industry
- Manufacturing
- Location
- Georgia, United States
- Transaction Type
- Buyout
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