Ryerson Acquires Central Steel & Wire

June 19, 2018

Ryerson Holding Corporation agreed to acquire Central Steel & Wire in a transaction announced June 5, 2018, valuing Central Steel & Wire at an enterprise value of $140 million (cash-free, debt-free). The deal, advised by Brown Gibbons Lang & Company, was approved by both boards and expected to close in Q3 2018 subject to regulatory approval and HSR clearance.

Buyers
Ryerson Holding Corporation
Targets
Central Steel & Wire
Sellers
Central Steel & Wire shareholders
Location
Illinois, United States
Transaction Type
Buyout

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