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  5. BICO STEEL Acquires Pioneer Steel

M&A Deal Summary

BICO STEEL Acquires Pioneer Steel

On April 7, 2025, BICO STEEL acquired manufacturer Pioneer Steel

Acquisition Highlights
  • This is BICO STEEL’s 2nd transaction in the Manufacturing sector.
  • This is BICO STEEL’s 2nd transaction in the United States.

M&A Deal Summary
Date 2025-04-07
Target Pioneer Steel
Sector Manufacturing
Buyer(s) BICO STEEL
Deal Type Add-on Acquisition

Target

Pioneer Steel

United States
Pioneer Steel is a provider of custom die set manufacturing and steel plate processing services for a diverse set of industrial end markets. Pioneer Steel was founded in 1987 and is based in United States.

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Buyer(S) 1

Buyer

BICO STEEL

Mogadore, Ohio, United States
Category Company
Founded 1896
Sector Metals/Mining
DESCRIPTION

BICO STEEL is a steel service center that processes heavy carbon steel plate and forged specialty alloy steel. BICO offers a broad collection of services including flame cutting, saw cutting, grinding, milling, machining, and furnace operations. BICO STEEL was founded in 1896 and is based in Mogadore, Ohio.

DEAL STATS #
Overall 2 of 2
Sector: Manufacturing M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-26 IFABM

Breckenridge, Michigan, United States

IFABM is a machining of custom dies sets, plates and parallels. IFABM was founded in 2007 and is based in Breckenridge, Michigan.

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