M&A Deal Summary

SteelSummit Holdings Acquires Magic Steel Sales

On June 24, 2019, SteelSummit Holdings acquired metals/mining company Magic Steel Sales

Acquisition Highlights
  • This is SteelSummit Holdings’ 1st transaction in the Metals/Mining sector.
  • This is SteelSummit Holdings’ 1st transaction in the United States.
  • This is SteelSummit Holdings’ 1st transaction in Michigan.

M&A Deal Summary
Date 2019-06-24
Target Magic Steel Sales
Sector Metals/Mining
Buyer(s) SteelSummit Holdings
Deal Type Add-on Acquisition

Target

Magic Steel Sales

Grand Rapids, Michigan, United States
website
Magic Steel Sales LLC is a steel service center company. Magic Steel Sales LLC was founded in 1974 and is based in Grand Rapids, Michigan.

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Buyer(S) 1

Buyer

SteelSummit Holdings

La Vergne, Tennessee, United States

website

Category Company
Founded 1987
Sector Metals/Mining
DESCRIPTION

SteelSummit Holdings, Inc. is a metals service center and trading company. SteelSummit Holdings, Inc. was founded in 1984 and is based in La Vergne, Tennessee.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
Mergr

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