Brief: Olympic Steel Acquires Shaw Stainless & Alloy

Olympic Steel

01/10/2021 16:45

Oct 1 (Reuters) - Olympic Steel Inc  ZEUS.O :
    * OLYMPIC STEEL ACQUIRES SHAW STAINLESS & ALLOY
    * OLYMPIC STEEL INC - ALL-CASH PURCHASE IS IMMEDIATELY ACCRETIVE
    * OLYMPIC STEEL INC - TERMS WERE NOT DISCLOSED
    * OLYMPIC STEEL- ACQUISITION INCLUDES SHAW'S STAINLESS STEEL DISTRIBUTION,FABRICATION
BUSINESSES
AS WELL AS ARCHITECTURAL, BARRIER DEFENSE BUSINESSES
    * OLYMPIC STEEL INC - SHAW WILL BE INCORPORATED INTO OLYMPIC STEEL'S SPECIALTY METALS
SEGMENT, LED
BY ANDY MARKOWITZ, PRESIDENT - SPECIALTY METALS

Source text for Eikon:  ID:nBw86yBG9a 
Further company coverage:  ZEUS.O 

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