Ryerson Holding Completes Merger With Olympic Steel

Ryerson Acquires Production Metals

August 2, 2024

Industrial Services

Ryerson Holding Corporation, a Chicago-based metals processor and distributor, has acquired Production Metals, LLC, a Monroe, Connecticut-based distributor of aluminum, stainless and specialty steels. The deal expands Ryerson's value-added metal offerings and precision cutting capabilities (sawing, lasering, water jet cutting) in the Northeastern United States and across Ryerson's service-center network.

Ryerson Acquires Hudson Tool Steel Corporation

December 4, 2023

Industrial Services

Ryerson Holding Corporation has acquired Hudson Tool Steel Corporation, a supplier of standard and specialty-grade tool steels headquartered in Cerritos, California with additional locations in Loves Park, Illinois and Dover, New Hampshire. The acquisition expands Ryerson's tool steel capabilities and distribution footprint to better serve customers across its North American network.

Ryerson Holding Corporation Acquires Norlen Incorporated

October 2, 2023

Manufacturing

Ryerson Holding Corporation (NYSE: RYI) has acquired Norlen Incorporated, a full-service metal fabricator based in Schofield, Wisconsin. The acquisition expands Ryerson's value‑added processing and in-house fabrication capabilities in the Midwest, adding stamping, machining and painting services to its network of service centers.

Ryerson Holding Corporation Acquires Howard Precision Metals

September 1, 2022

Industrial Services

Ryerson Holding Corporation, a leading value-added processor and distributor of industrial metals, acquired Howard Precision Metals, a Milwaukee-based aluminum distributor specializing in precision-cut aluminum plate and extruded bar. The deal expands Ryerson’s non-ferrous processing capabilities and adds complementary value‑added services to its Midwest footprint.

Olympic Steel Acquires Shaw Stainless & Alloy

October 1, 2021

Manufacturing

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.

Ryerson Acquires Central Steel & Wire

June 19, 2018

Industrial Services

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.