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
Related deals
Cibus has acquired Aweta from Standard Investment
Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.
Learn moreGroGlass has been acquired by Apogee Enterprises
Apogee Enterprises, Inc. (Nasdaq: APOG), a leading US provider of architectural building products, services and high-performance coated materials, has acquired GroGlass, a Latvia-based developer and manufacturer of high-performance anti-reflective and UV-protective glass coatings. The acquisition brings GroGlass’ differentiated coating technologies and materials science expertise into Apogee’s performance surfaces segment, broadening its product offering and market reach while expanding its manufacturing and R&D presence in Europe.
Learn moreCapvis has sold hessnatur to Wourth Group
Hess Natur-Textilien GmbH & Co. KG has become part of the international Wourth Group. With the change of ownership from Capvis to Wourth Group, hessnatur is entering its next phase of development. The transaction reflects the company’s successful strategic and business development in recent years, and creates a strong foundation for the future.
Learn more