Olympic Steel - M&A Summary and Business Overview

Metals/miningCompany

Olympic Steel M&A Summary

Olympic Steel has acquired 8 companies, including 6 in the last 5 years.

Olympic Steel’s largest acquisition to date was in 2011, when it acquired Chicago Tube & Iron for $150M. Olympic Steel has acquired in 8 different US states. The Company’s most targeted sectors include manufacturing (50%) and distribution (38%).

Olympic Steel Business Overview

Where is Olympic Steel headquartered?

Olympic Steel is headquartered in Bedford Heights, Ohio.

What is Olympic Steel’s revenue?

Olympic Steel disclosed revenue of 2,560M USD for 2022 and 2,312M USD for 2021.

How many employees does Olympic Steel have?

Olympic Steel has 1,626 employees.

What sector is Olympic Steel in?

Olympic Steel is a metals/mining company.

When was Olympic Steel founded?

Olympic Steel was founded in 1954.

M&A Summary

  • M&A Total Activity8
    • M&A Buy Activity8
  • Total Sectors Invested 3
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 1

Olympic Steel

Olympic Steel, Inc.

5096 Richmond Road,
Bedford Heights, Ohio 44146
United States,
(216) 292-3800
www.olysteel.com

Olympic Steel is a U.S. metals service center focused on the direct sale and distribution of large volumes of processed carbon, coated and stainless flat-rolled sheet, coil and plate steel and aluminum products. The Company's CTI subsidiary is a distributor of steel tubing, bar, pipe, valves and fittings, and fabricates pressure parts for the electric utility industry. Olympic Steel was founded in 1954 and is based in Bedford Heights, Ohio.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.8/yr) # 4 1 1 - 2 - 8
vol $150M $131M $281M
Sell (0.0/yr) # - - - - - - 0
  8

Most Recent M&A

Company Date Value Type
Central Tube & Bar, Inc. 2023-10-02 - Add-on Acquisition
Conway, Arizona · www.centraltubeandbar.com
Metal-Fab, Inc. 2023-01-03 131M USD Add-on Acquisition
Wichita, Kansas · www.mtlfab.com
Shaw Stainless & Alloy 2021-10-01 - Add-on Acquisition
Powder Springs, Georgia · www.stainlessandalloy.com
Action Stainless & Alloys, Inc. 2020-12-14 - Add-on Acquisition
Carrollton, Texas · www.actionstainless.com
EZ-Dumper - Manufacturing Assets 2019-08-05 - Divestiture
Waynesboro, Pennsylvania
McCullough Industries, Inc. 2019-01-02 - Add-on Acquisition
Kenton, Ohio · www.mcculloughind.com
Berlin Metals LLC 2018-04-02 - Add-on Acquisition
Hammond, Indiana · www.berlinmetals.com
Chicago Tube & Iron Co. 2011-05-18 150M USD Add-on Acquisition
Romeoville, Illinois · www.chicagotube.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Manufacturing 4 (50%) 131M (47%) - -
Distribution 3 (38%) - - -
Metals/Mining 1 (13%) 150M (53%) - -
Total 8 $281M - -

By Geo

State/Country Buy Value Sell Value
United States 8 281M - -
  Indiana 1 - - -
  Illinois 1 150M - -
  Georgia 1 - - -
  Arizona 1 - - -
  Texas 1 - - -
  Pennsylvania 1 - - -
  Ohio 1 - - -
  Kansas 1 131M - -
Total 8 $281M - -

Deal Values

buy # Total
$100M to $1B 2 $281M
TOTAL $281M
Largest Chicago Tube & Iron Co.
$150M (2011-05-18)

M&A Connections

Deals
Acquired from
Strategic(s)
13%
1 (13%)

Company Summary

SECTOR

Metals/Mining

Revenue

2,560   11% 2022
2,312   88% 2021
1,234   22% 2020
1,579   8% 2019
1,715   29% 2018
1,331   27% 2017
1,055   11% 2016
1,176   19% 2015
1,436   14% 2014
1,263   9% 2013
1,383   2012
(millions of USD) Show More Show Less

Employees

1,626

Established

1954

Public

NASDAQ: ZEUS

 Subscribe to unlock this and 201,535
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 193K M&A Transactions
  • 197K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Olympic Steel

Ohio Companies , Metals/Mining Companies , United States Companies , Ohio Metals/Mining Companies , Ohio Metals/Mining with Acquisitions , Ohio Metals/Mining with Divestitures

Related Lists for Ohio Companies

Largest Ohio Companies , Acquisitive Ohio Companies , Recently Acquired Ohio Companies , Recently Sold Ohio Companies , Private Ohio Companies , Public Ohio Companies , Acquired Ohio Companies , PE Backed Ohio Companies

Related Lists for Metals/Mining Companies

Largest Metals/Mining Companies , Acquisitive Metals/Mining Companies , Recently Acquired Metals/Mining Companies , Recently Sold Metals/Mining Companies , Private Metals/Mining Companies , Public Metals/Mining Companies , Acquired Metals/Mining Companies , PE Backed Metals/Mining Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal