M&A Deal Summary

Majestic Steel Acquires Merit Steel

On August 18, 2021, Majestic Steel acquired metals/mining company Merit Steel

Acquisition Highlights
  • This is Majestic Steel’s 1st transaction in the Metals/Mining sector.
  • This is Majestic Steel’s 1st transaction in the United States.
  • This is Majestic Steel’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2021-08-18
Target Merit Steel
Sector Metals/Mining
Buyer(s) Majestic Steel
Deal Type Add-on Acquisition

Target

Merit Steel

Pittsburg, Pennsylvania, United States
website
Merit Steel provides a full range of gauges and widths as well as steel grades to satisfy nearly every steel need. Merit USA carries a complete range of flat-rolled steel products available on the west coast. Galvanized, hot rolled, cold rolled, galvalume, galvaneal, hot rolled pickled and oiled, tinplate, and bonderized. Merit Steel is based in Pittsburg, Pennsylvania.

Search 192,723 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Majestic Steel

Cleveland, Ohio, United States

website

Category Company
Founded 1979
Sector Distribution
DESCRIPTION

Majestic Steel is a distributor and processor of flat-rolled steel. Majestic serves its customers in manufacturing, construction, and distribution from its network of locations throughout North America. Majestic Steel was founded in 1979 and is based in Cleveland, Ohio.

DEAL STATS #
Overall 1 of 3
Sector (Metals/Mining) 1 of 2
Type (Add-on Acquisition) 1 of 3
State (Pennsylvania) 1 of 1
Country (United States) 1 of 3
Year (2021) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-14 Quicken Steel

Claxton, Georgia, United States

Quicken Steel is a manufacturer of steel buildings and components. Quicken Steel was founded in 2015 and is based in Claxton, Georgia.

Buy -
Mergr

Product

Company

Legal