Jemison Metals has been acquired by SPS Companies
August 2026 — Jemison Metals has been acquired by SPS Companies, Inc., a Kansas Corporation.
Jemison Metals is a majority-owned operating company of Jemison Investment Company, a privately held holding company founded in 1949. Headquartered in Birmingham, Alabama, it is a leading supplier of carbon flat-rolled products in the USA and Mexico, with steel service centers in Alabama, Georgia, Ohio, South Carolina and Virginia. The company ranked 35th among the largest service center companies in North America in the 2025 Metal Center News (MCN) Top 50.
SPS Companies is a family of privately held steel distribution, processing and logistics companies founded in 1933 and headquartered in Manhattan, Kansas. The company offers a broad range of carbon steel products, value-added processing, fabrication and supply chain services to customers across the USA and Mexico. It ranked 16th among the largest service center companies in North America in the 2025 MCN Top 50.
Our role in the transaction
Oaklins Heritage in Jacksonville, USA, served as the exclusive advisor to Jemison Investment Company and Jemison Metals. Butler Snow LLP served as legal counsel. The terms of the transaction were not disclosed.
Pete Heinke
Chairman, Jemison Metals
Talk to the deal team
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