Stark Metal Sales has been acquired by Pennsylvania Steel Company
The shareholders of Stark Metal Sales have sold the company to Pennsylvania Steel Company.
Founded in 1989, Stark Metal Sales is a full-line steel service center in Alliance, Ohio. The company has burning, shearing and sawing capabilities. Through its outsourcing partners, Stark also delivers finished goods to certain customers, primarily located in Ohio and Pennsylvania.
Pennsylvania Steel Company is a veteran-owned, privately held full-line metals service center headquartered in Bensalem, Pennsylvania. Pennsylvania Steel provides raw materials to the metal manufacturing sector through eight service center locations. Core products include carbon and alloy steels, aluminum, stainless, tool steel and tubing products.
Oaklins Heritage in Jacksonville served as the intermediary and exclusive financial advisor to the seller in this transaction.
Dave Rownd
President, Stark Metal Sales
Talk to the deal team
Related deals
Sun European Partners has secured financing to support its acquisition of B&H Worldwide
Sun European Partners has raised debt facilities to support its acquisition of B&H Worldwide.
Learn moreOutsource Management Services has been acquired by IMI Supply Chain Solutions
UK logistics software provider Outsource Management Services (OMS) has been acquired by IMI Supply Chain Solutions, a Sweden-based provider of supply chain management software solutions.
Learn moreNovasol Chemicals has joined forces with Hivest Capital Partners
Novasol Chemicals, a dynamic and rapidly expanding global distributor of specialty chemicals, has entered into a financial partnership with Hivest Capital Partners to support its next phase of growth. The partnership is intended to accelerate Novasol’s international expansion, with a focus on both organic growth and selective acquisitions, further strengthening the company’s position in a highly fragmented market.
Learn more