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  6. Norfolk Iron & Metal Co. Acquires Straub Metal

M&A Deal Summary

Norfolk Iron & Metal Co. Acquires Straub Metal

On January 6, 2025, Norfolk Iron & Metal Co. acquired distribution company Straub Metal

Acquisition Highlights
  • This is Norfolk Iron & Metal Co.’s 1st transaction in the Distribution sector.
  • This is Norfolk Iron & Metal Co.’s 3rd transaction in the United States.
  • This is Norfolk Iron & Metal Co.’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2025-01-06
Target Straub Metal
Sector Distribution
Buyer(s) Norfolk Iron & Metal Co.
Deal Type Add-on Acquisition
Advisor(s) Mufson Howe Hunter & Co., (Financial)
Ballard Spahr (Legal)

Target

Straub Metal

Ashley, Pennsylvania, United States
Straub Metal is a distributor of Type 409 Stainless Steel. Straub Metal's inventory of stainless steel alloy grades includes T409, 409 AL, T439, T441 & 18CrCb stainless steel. T409 & T439 are offered in sheet, coil, strip coil, panels, plates & washers. Straub Metal is based in Ashley, Pennsylvania.

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Buyer(S) 1

Buyer

Norfolk Iron & Metal Co.

Norfolk, Nebraska, United States
Category Company
Sector Metals/Mining
DESCRIPTION

Norfolk Iron & Metal Co. is a full-line steel service center processor and distributor of non-ferrous and carbon flat rolled metal products. Norfolk Iron & Metal is based in Norfolk, Nebraska.

DEAL STATS #
Overall 3 of 3
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Pennsylvania M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-28 Plateplus - Windsor Plant

Windsor, Colorado, United States

Plateplus's Windsor plant processes hot rolled steel coils into sheet and plate products.

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