M&A Deal Summary

Worthington Enterprises Acquires Rome Strip Steel

On January 16, 2015, Worthington Enterprises acquired metals/mining company Rome Strip Steel

Acquisition Highlights
  • This is Worthington Enterprises’ 4th transaction in the Metals/Mining sector.
  • This is Worthington Enterprises’ 11th transaction in the United States.
  • This is Worthington Enterprises’ 1st transaction in New York.

M&A Deal Summary
Date 2015-01-16
Target Rome Strip Steel
Sector Metals/Mining
Buyer(s) Worthington Enterprises
Deal Type Add-on Acquisition

Target

Rome Strip Steel

Rome, New York, United States
Rome Strip Steel Co., Inc. is a manufactures cold rolled strip steel to extremely tight tolerances, primarily for the automotive industry.

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Buyer(S) 1

Buyer

Worthington Enterprises

Columbus, Ohio, United States
Category Company
Founded 1955
Sector Metals/Mining
Employees4,000
Revenue 4.9B USD (2023)
DESCRIPTION
Entrance to Worthington Industries' corporate headquarters in Columbus, Ohio.
Entrance to Worthington Industries' corporate headquarters in Columbus, Ohio.

Worthington Enterprises is a diversified metal processing company. Worthington is a value-added steel processor and a leader in manufactured metal products such as metal framing, pressure cylinders, automotive past model service stampings, metal ceiling grid systems, and laser-welded blanks. Worthington Enterprises was founded in 1955 and is based in Columbus, Ohio.

DEAL STATS #
Overall 13 of 22
Sector (Metals/Mining) 4 of 5
Type (Add-on Acquisition) 10 of 15
State (New York) 1 of 1
Country (United States) 11 of 19
Year (2015) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-20 Dhybrid Systems

Salt Lake City, Utah, United States

Dhybrid Systems, LLC is in compressed natural gas (CNG) fuel systems. The main markets for the fuel systems are refuse and heavy duty trucks. The system designs allow for faster fill receptacles with synchronized filling and lower weight per gallon systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-09 Trilogy Engineered Solutions - CNG Fuel Solutions Assets

Stow, Ohio, United States

Trilogy Engineered Solutions LLC - CNG Fuel Solutions Assets is a provider of automotive products and accessories.

Buy -
Mergr

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