Varsteel, Ltd. has acquired Pacific Steel, Inc.

Pacific Steel, Inc. has been acquired by Varsteel, Ltd.

Pacific Steel was founded in the 1950s and has built a reputation as a trusted source for both fabricators and construction contractors. The company is a leading distributor of structural steel to large fabricators and service centers in Eastern Canada and, for certain products, serves customers in the Northeastern US and throughout Canada. The company is a full-range supplier, fabricator and installer of rebar used in construction markets. Pacific Steel serves its customers using two facilities in Quebec, Canada.

Varsteel is a leading steel and pipe service center and metal processor, with over 800 employees and 32 locations in western Canada and the US. Headquartered in Alberta, Varsteel has offered supplies and service to its customers for over 70 years. Varsteel’s commitment to quality and reliability with every product ensures its customers’ satisfaction.

Oaklins Heritage in Jacksonville served as the intermediary and exclusive financial advisor to the seller in this transaction.

Serviço

M&A sell-side

Entidades

“Pacific Steel built its reputation through decades of hard work by many dedicated employees. I’m proud of the business we have built and believe that Varsteel is an excellent fit to help our company continue on its growth path. The team at Oaklins Heritage was with us every step of the way during the transaction. Their advice was invaluable throughout the process.”

Joe Antebi

President, Pacific Steel, Inc.

Falar com a equipa da transação

Bert M. Tenenbaum

Principal

Savannah, Estados Unidos
Oaklins Heritage

Ver perfil Contacte-nos

Doug Kravet

Principal

Jacksonville, Estados Unidos
Oaklins Heritage

Ver perfil Contacte-nos

JP Allen

Senior Analyst

Jacksonville, Estados Unidos
Oaklins Heritage

Ver perfil Contacte-nos

Transações relacionadas

DHL Global Forwarding has sold its specialized fine art logistics business to MTAB AB

Logística

DHL Global Forwarding has sold its specialized fine art logistics business to MTAB AB

Following a review of the current business environment, DHL Global Forwarding has decided to divest its Norwegian fine art business to MTAB.

Saber mais

Seed Environmental Group has been acquired by Celnor Group Limited

Serviços de Apoio a Empresas | Contrução & Serviços de Engenharia

Seed Environmental Group has been acquired by Celnor Group Limited

Environmental consultancy Seed Environmental Group joins testing, inspection, certification and compliance group Celnor.

Saber mais

Pioneer software provider in intermodal logistics PICit has been sold to Arcadea

Logística | TMT

Pioneer software provider in intermodal logistics PICit has been sold to Arcadea

PICit, a Danish SaaS powerhouse in information management solutions for intermodal logistics, has been acquired by Arcadea Group.

Saber mais