Add-on Acquisition • Metals/Mining

Ryerson Acquires Singer Steel Co.

On March 14, 2011, Ryerson acquired metals/mining company Singer Steel Co.

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

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M&A Deal Summary

Date March 14, 2011
Target Singer Steel Co.
Sector Metals/Mining
Buyer(s) Ryerson
Deal Type Add-on Acquisition
Advisor(s) Stout (Financial)

Target Company

Singer Steel Co.

Streetsboro, Ohio, United States
Singer Steel Company (‘Singer”), a value-added flat rolled steel processor.
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Buyer Overview 1

Buyer

Ryerson

Chicago, Illinois, United States

Category Company
Founded 1842
Sector Metals/Mining
Employees4,200
Revenue 4.6B USD (2024)
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 Context for Buyer #
Overall 2 of 18
Sector: Metals/Mining 2 of 9
Type: Add-on Acquisition 1 of 17
State: Ohio 1 of 4
Country: United States 2 of 17
Year: 2011 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-01-04 Integris Metals

Minneapolis, Minnesota, United States

Integris Metals, a metals service center company engaged in the processing and distribution of metals.

Buy $660M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-05 Fay Industries

Strongville, Ohio, United States

Fay Industries, Inc. is a metals service center company.

Buy -