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.

DIENSTLEISTUNG

Verkauf

PARTEIEN

«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.

Sprechen Sie mit dem Deal Team

Bert M. Tenenbaum

Principal

Savannah, Vereinigte Staaten
Oaklins Heritage

Kurzprofil Kontakt aufnehmen

Doug Kravet

Principal

Jacksonville, Vereinigte Staaten
Oaklins Heritage

Kurzprofil Kontakt aufnehmen

JP Allen

Senior Analyst

Jacksonville, Vereinigte Staaten
Oaklins Heritage

Kurzprofil Kontakt aufnehmen

Transaktionen

VINCI Energies has acquired RH Marine and Bakker Sliedrecht

Bauwirtschaft

VINCI Energies has acquired RH Marine and Bakker Sliedrecht

RH Marine and Bakker Sliedrecht have been acquired by VINCI Energies. With this transaction, VINCI Energies will gain market position in the Dutch maritime sector and strengthen its industrial portfolio.

Mehr erfahren

PBV Investment Holding Europe-America, S.L. (IDP Group) has been sold to Bureau Veritas

Private Equity | Bauwirtschaft

PBV Investment Holding Europe-America, S.L. (IDP Group) has been sold to Bureau Veritas

Nazca Capital and the company founders have sold PBV Investment Holding Europe-America, S.L. (IDP Group) to Bureau Veritas. This strategic acquisition will allow Bureau Veritas to expand its leadership in building and infrastructure solutions and meet sustainability challenges through IDP’s digital portfolio assets.

Mehr erfahren

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

Logistik

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.

Mehr erfahren