M&A Deal Summary

Castle Metals Acquires Oliver Steel Plate

On July 16, 1998, Castle Metals acquired metals/mining company Oliver Steel Plate

Acquisition Highlights
  • This is Castle Metals’ 1st transaction in the Metals/Mining sector.
  • This is Castle Metals’ 2nd transaction in the United States.
  • This is Castle Metals’ 1st transaction in Ohio.

M&A Deal Summary

Date 1998-07-16
Target Oliver Steel Plate
Sector Metals/Mining
Buyer(s) Castle Metals
Deal Type Add-on Acquisition

Target

Oliver Steel Plate

Bedford Heights, Ohio, United States
Oliver Steel Plate Corp. is a provider of metals service center and processor.

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Buyer(S) 1

Buyer

Castle Metals

Oak Brook, Illinois, United States

Category Company
Founded 1890
Sector Distribution
Employees681
Revenue 368M USD (2020)
DESCRIPTION

Castle Metals is a metals and plastics distribution company. Castle Metals was incorporated in 1890 and is based in Oak Brook, Illinois.


DEAL STATS #
Overall 2 of 4
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 4
State: Ohio M&A 1 of 1
Country: United States M&A 2 of 4
Year: 1998 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-04-22 Keystone Tube Co.

Chicago, Illinois, United States

Keystone Tube Co. is a distributor of tubular products and a processor of high value-added mechanical tube and chrome plated bar to the fluid power industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-09-05 Transtar Metals

Franklin Park, Illinois, United States

Transtar Metals is a distributor of high performance metals serving the global aerospace and defense industries. Transtar Metals was formed in 1998 and is based in Franklin Park, Illinois.

Buy $180M