Mergers & Acquisitions

Mergers & Acquisitions

Commercial Metals Company to Acquire Certain U.S. Rebar Assets from Gerdau

IRVING, Texas, Jan. 2, 2018 - Commercial Metals Company (NYSE: CMC), today announced it has entered into a definitive agreement to acquire certain U.S. rebar steel mill and fabrication assets from Gerdau S.A. (NYSE: GGB), a producer of long and specialty steel products in the Americas for a cash purchase price of $600 million, subject to customary purchase price adjustments. The acquisition...

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Mergers & Acquisitions

Somerset Marine Officially a Masterpiece

CRANFORD, N.J., Dec. 20, 2017 - Somerset Marine will be integrated into the International Logistics Division of Masterpiece International on January 2, 2018, focusing on further joint expansion of worldwide general cargo and governmental contracts capabilities and reach. Somerset Marine's consolidation with Masterpiece International marks the continued growth and expansion of the Magnate...

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Mergers & Acquisitions

Somerset Marine Officially a Masterpiece

CRANFORD, N.J., Dec. 20, 2017 - Somerset Marine will be integrated into the International Logistics Division of Masterpiece International on January 2, 2018, focusing on further joint expansion of worldwide general cargo and governmental contracts capabilities and reach. Somerset Marine's consolidation with Masterpiece International marks the continued growth and expansion of the Magnate...

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Mergers & Acquisitions

AZEK

Leading manufacturer of premium residential decking acquires parent company of UltraLox Technologies and Harmony Railing SKOKIE, Ill., Dec. 20, 2017 - AZEK Building Products, No. 1 in premium decking and a leading manufacturer of high performance, low-maintenance outdoor building materials under the AZEK® and TimberTech® brands, announced today an agreement to acquire WES, LLC. A leader in the...

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Mergers & Acquisitions

AZEK

Leading manufacturer of premium residential decking acquires parent company of UltraLox Technologies and Harmony Railing SKOKIE, Ill., Dec. 20, 2017 - AZEK Building Products, No. 1 in premium decking and a leading manufacturer of high performance, low-maintenance outdoor building materials under the AZEK® and TimberTech® brands, announced today an agreement to acquire WES, LLC. A leader in the...

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Mergers & Acquisitions

Gi Plastek, Precision Southeast Inc., and Plastics Solutions, Inc. Announce they are Now PSI Molded Plastics

Merger provides solutions for widest range of injection molding needs GI Plastek, Precision Southeast Inc., and Plastics Solutions, Inc. proudly announce they are now PSI Molded Plastics. The three sister injection molding companies are all owned by Gladstone Investment (NASDAQ: GAIN). Citizens Bank assisted with the financing of the merger. With the merger, each of the companies can now share...

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Mergers & Acquisitions

Gi Plastek, Precision Southeast Inc., and Plastics Solutions, Inc. Announce they are Now PSI Molded Plastics

Merger provides solutions for widest range of injection molding needs GI Plastek, Precision Southeast Inc., and Plastics Solutions, Inc. proudly announce they are now PSI Molded Plastics. The three sister injection molding companies are all owned by Gladstone Investment (NASDAQ: GAIN). Citizens Bank assisted with the financing of the merger. With the merger, each of the companies can now share...

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Mergers & Acquisitions

Maysteel Industries, LLC Acquires DAMAC Products, LLC

ALLENTON, Wis., Dec. 18, 2017 - Maysteel Industries, LLC ("Maysteel"), a leading manufacturer of custom, precision, OEM sheet metal enclosures, electrical cabinets and metal fabricated assemblies, announced today the acquisition of DAMAC Products, LLC ("DAMAC"), a leading manufacturer of custom data center infrastructure equipment. DAMAC's data center infrastructure products include server...

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