Olympic Steel acquires Action Stainless & Alloys
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Update time : 2020-12-16 16:24:47
It was reported that Ohio-based Olympic Steel acquired Action Stainless & Alloys Inc., a Texas-based distributor of stainless steel and aluminum, and the actual financial clause of this acquisition wasn’t disclosed.
According to Olympic Steel, Action Stainless’ history of strong business performance was beneficial to its growth strategy, which further reduced cyclicality and will be continuously getting returns by back.
Also, Action Stainless’ culture and focus on safety well met Olympic Steel’s requirement, which will ensure a successful integration.
