Olympic Steel, Inc., a leading national metals service center, announced the acquisition of Metal Works. The all-cash purchase is expected to be immediately accretive. Terms were not disclosed.
Metal Works is a leading manufacturer of components for service station canopies, deck clips, long gutters, trim, and boat docks, as well as solar canopy and ground racking components – all made primarily from coated carbon steel and aluminum. The business, which includes roll forming and folding machines among its equipment, operates from two facilities in Oakwood, Georgia, totaling 48,720 square feet of processing space on 8.43 acres.
Courtesy of Olympic Steel.