M&A Deal Summary

Steel Technologies Acquires Stripco Express

On May 6, 2014, Steel Technologies acquired metals/mining company Stripco Express

Acquisition Highlights
  • This is Steel Technologies’ 1st transaction in the Metals/Mining sector.
  • This is Steel Technologies’ 1st transaction in the United States.
  • This is Steel Technologies’ 1st transaction in Indiana.

M&A Deal Summary
Date 2014-05-06
Target Stripco Express
Sector Metals/Mining
Buyer(s) Steel Technologies
Deal Type Add-on Acquisition

Target

Stripco Express

Mishawaka, Indiana, United States
Stripco Express, Inc. is a processes steel company including pickling, slitting, cold rolling, annealing, oscillating, and edging.

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Buyer(S) 1

Buyer

Steel Technologies

Louisville, Kentucky, United States
Category Company
Founded 1971
Sector Metals/Mining
Employees1,013
DESCRIPTION

Steel Technologies LLC is a manufacturer of flat-rolled steel products.

DEAL STATS #
Overall 1 of 2
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Indiana) 1 of 1
Country (United States) 1 of 2
Year (2014) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-01 EIMCo

Farley, Iowa, United States

EIMCo is a manufacturer of metal components and assembled products predominantly used in agricultural, industrial, housing, heavy construction, and food processing applications. EIMCo was founded in 1992 and is based in Farley, Iowa.

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