M&A Deal Summary

Insteel Industries Acquires EWP

On October 21, 2024, Insteel Industries acquired manufacturer EWP for 70M USD

Acquisition Highlights
  • This is Insteel Industries’ 2nd transaction in the Manufacturing sector.
  • This is Insteel Industries’ largest (disclosed) transaction.
  • This is Insteel Industries’ 3rd transaction in the United States.

M&A Deal Summary
Date 2024-10-21
Target EWP
Sector Manufacturing
Buyer(s) Insteel Industries
Deal Type Add-on Acquisition
Deal Value 70M USD

Target

EWP

United States
EWP is a manufacturer of welded wire reinforcement products for use in nonresidential and residential construction.

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Buyer(S) 1

Buyer

Insteel Industries

Mount Airy, North Carolina, United States
Category Company
Founded 1953
Sector Metals/Mining
Employees884
Revenue 649M USD (2023)
DESCRIPTION

Insteel Industries is a manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures and markets PC strand and welded wire reinforcement, including engineered structural mesh, concrete pipe reinforcement and standard welded wire reinforcement. Insteel Industries was founded in 1953 and is based in Mount Airy, North Carolina.

DEAL STATS #
Overall 3 of 3
Sector (Manufacturing) 2 of 2
Type (Add-on Acquisition) 3 of 3
Country (United States) 3 of 3
Year (2024) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-17 Strand-Tech Manufacturing

Summerville, South Carolina, United States

Strand-Tech Manufacturing, Inc. is a manufacturer of a prestressed concrete strand ("PC strand") for concrete construction applications. Strand-Tech Manufacturing was founded in 1998 and is based in Summerville, South Carolina.

Buy $23M
Mergr

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