Varsteel, Ltd. has acquired Pacific Steel, Inc.
March 2024 — 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.
Our role in the transaction
Oaklins Heritage in Jacksonville served as the intermediary and exclusive financial advisor to the seller in this transaction.
Joe Antebi
President, Pacific Steel, Inc.
Talk to the deal team
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