Deal Snapshot
UNION PARTNERS ACQUIRES XCEL STEEL´S PICKLING OPERATIONS IN DEARBORN, MICHIGAN
Thursday 11 October 2018

Chicago, US-based metals and logistics company Union Partners has acquired the assets of Xcel Steel's pickling operations in Dearborn, Michigan, the company said.
The division has joined Union Partners-owned Maksteel and will now operate under the name Maksteel Processing. As this transition occurs, there will be no interruption in service to customers. Maksteel Processing offers a push/pull pickling line capable of processing hot rolled, high strength low alloy, and advanced high strength steel coils up to 72″ wide and 400,000 tons per year.


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Details
Date Published: 11/10/2018
Target: Xcel Steel/pickling operations in,  Dearborn, Michigan
Country: USA
Sector: Metals/Mining
Type: Corporate acquisition
Financing:
Status: Closed
Vendor: Xcel Steel
Buyer: Union Partners
Comment:
Terms of the deal were not disclosed

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