Divestiture • Manufacturing

Ta Chen International Acquires Bristol Metals

On March 12, 2025, Ta Chen International acquired manufacturer Bristol Metals from Ascent Industries for 45M USD

Acquisition Context
  • This is Ta Chen International’s 1st transaction in the Manufacturing sector.
  • This is Ta Chen International’s largest (disclosed) transaction.
  • This is Ta Chen International’s 1st transaction in the United States.
  • This is Ta Chen International’s 1st transaction in Tennessee.

Explore All 652 Divestiture Manufacturing Deals - Search the Database Free


M&A Deal Summary

Date March 12, 2025
Target Bristol Metals
Sector Manufacturing
Buyer(s) Ta Chen International
Sellers(s) Ascent Industries
Deal Type Divestiture
Deal Value 45M USD

Target Company

Bristol Metals

Bristol, Tennessee, United States
Bristol Metals is a manufacturer of Stainless, duplex, super duplex, 6 moly, nickel alloy and titanium welded steel pipe. Bristol Metals was founded in 1941 and is based in Bristol, Tennessee.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

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

Search Free

Buyer Overview 1

Buyer

Ta Chen International

Long Beach, California, United States

Category Company
Founded 1985
Sector Manufacturing
DESCRIPTION

Ta Chen International is a manufacturer and distributor of stainless and aluminum coils, sheets, plates, long products, tubes and PVFs. Ta Chen International was founded in 1985 and is based in Long Beach, California.


Deal Context for Buyer #
Overall 1 of 1
Sector: Manufacturing 1 of 1
Type: Divestiture 1 of 1
State: Tennessee 1 of 1
Country: United States 1 of 1
Year: 2025 1 of 1
Size (of disclosed) 1 of 1

Seller Profile 1

SELLER

Ascent Industries

Oak Brook, Illinois, United States

Category Company
Founded 1945
Sector Manufacturing
Employees514
Revenue 178M USD (2024)
DESCRIPTION

Ascent Industries encompasses a portfolio of highly respected manufacturing businesses including Manufacturers Chemicals, DanChem, CRI Tolling, Bristol Tubular Products, the stainless steel and galvanized pipe and tube operations of Marcegaglia USA, and American Stainless Tubing. Ascent Industries was founded in 1945 and is based in Oak Brook, Illinois.


Deal Context for Seller #
Overall 4 of 5
Sector: Manufacturing 1 of 1
Type: Divestiture 3 of 4
State: Tennessee 1 of 1
Country: United States 4 of 5
Year: 2025 1 of 2
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-17 Universal Stainless

Bridgeville, Pennsylvania, United States

Universal Stainless is a producer of semi-finished and finished specialty steel long products and plate, including nickel alloy, stainless steel, tool steel and aircraft quality low alloy steels, in a wide variety of grades and product forms. Universal Stainless was founded in 1994 and is based in Bridgeville, Pennsylvania.

Sell $539M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-06-30 Ascent Tubular Products

Troutman, North Carolina, United States

Ascent Tubular Products offers ornamental stainless-steel tubing in sizes with a wide variety of shapes. Ascent Tubular Products was founded in 1990 and is based in Troutman, North Carolina.

Sell $16M