M&A Deal Summary

Ryerson Acquires Hudson

On December 4, 2023, Ryerson acquired metals/mining company Hudson

Acquisition Highlights
  • This is Ryerson’s 9th transaction in the Metals/Mining sector.
  • This is Ryerson’s 16th transaction in the United States.
  • This is Ryerson’s 1st transaction in California.

M&A Deal Summary
Date 2023-12-04
Target Hudson
Sector Metals/Mining
Buyer(s) Ryerson
Deal Type Add-on Acquisition

Target

Hudson

Cerritos, California, United States
Hudson supplies tool steels and high-speed, carbon, and alloy steels to customers around the country. The company stocks all standard grades and sizes of tool steel and high-speed steel as well as specialty grades. Hudson was formed in 2002 and is based in Cerritos, California.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Ryerson

Chicago, Illinois, United States
Category Company
Founded 1842
Sector Metals/Mining
Employees4,600
Revenue 5.1B USD (2023)
DESCRIPTION

Ryerson is a processor and distributor of metals with operations in the United States, Mexico, Canada, China and Brazil. The company serves a variety of industries, including customers making products or equipment for construction, packaging, oil and gas and truck trailers. Founded in 1842, Ryerson is headquartered in the United States and employs approximately 3,700 employees in more than 100 locations. Ryerson Holding was founded in 1842 and is based in Chicago, Illinois.

DEAL STATS #
Overall 17 of 18
Sector (Metals/Mining) 9 of 9
Type (Add-on Acquisition) 16 of 17
State (California) 1 of 1
Country (United States) 16 of 17
Year (2023) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-02 Norlen

Schofield, Wisconsin, United States

Norlen is a full-service metal fabricator that provides stamping, machining, painting, and additional value-added fabrication services to industries including agriculture, HVAC, and defense. Norlen was formed in 1964 and is based in Schofield, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-02 Production Metals

Monroe, Connecticut, United States

Production Metals is a distributor of aluminum, stainless, and specialty steels. Production Metals serves New England and the surrounding area with bar, tube, sheet, and plate products along with precision sawing, lasering, and water jet cutting. Production Metals was founded in 2018 and is based in Monroe, Connecticut.

Buy -
Mergr

Product

Company

Legal