Ryerson Holding Corporation Acquires BLP Holdings, LLC
March 2, 2023
Ryerson Holding Corporation (NYSE: RYI) has acquired BLP Holdings, LLC — a Houston-based group comprising Absolute Metal Products, Metal Cutting Specialists, and Houston Water Jet — to expand its value-added metal processing and fabrication capabilities. The acquisition adds toll processing services such as saw cutting, machining, and water jet cutting to Ryerson's service-center network and strengthens its high-margin, value-added offerings.
- Buyers
- Ryerson Holding Corporation
- Targets
- BLP Holdings, LLC, Absolute Metal Products, Metal Cutting Specialists, Houston Water Jet
- Sellers
- Richard Rose (principal owner of BLP Holdings)
- Industry
- Industrial Services
- Location
- Texas, United States
- Transaction Type
- Buyout
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