M&A Deal Summary |
|
|---|---|
| Date | 2005-01-27 |
| Target | RESCO Steel Products |
| Sector | Metals/Mining |
| Buyer(s) | Rockingham Steel |
| Sellers(s) | Roanoke Electric Steel |
| Deal Type | Divestiture |
| Deal Value | 5M USD |
| Advisor(s) | Ewing Bemiss & Co. (Financial) |
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| Category | Company |
|---|---|
| Founded | 1994 |
| Sector | Metals/Mining |
Rockingham Steel was incorporated in 1983 as a supplier of reinforcing steel and other related components. As a full service steel fabricator, we emphasize the quality of our service to you, our customer.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Metals/Mining) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Virginia) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2005) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1955 |
| Sector | Metals/Mining |
| Employees | 1,601 |
Roanoke Electric Steel Corporation has steel manufacturing facilities in Roanoke, Virginia and Huntington, West Virginia, producing angles, rounds, flats, channels, beams, special sections and billets, which are sold to steel service centers, fabricators, original equipment manufacturers and other steel producers. Four subsidiaries are involved in various steel-related activities, consisting of scrap processing and bar joists and truck trailer beam fabrication.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Metals/Mining) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Virginia) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2005) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
