AcquisitionOct 28, 2025Completed
๐บ๐ธ United States
OSOlympic Steel, Inc.RRyerson Holding Corporation
Materials & Chemicals โบ Metals & Mining
Deal valueUndisclosed
AnnouncedOct 28, 2025
ConsiderationStock
StructureOne-step merger
RegionNorth America
Cross-borderNo
Contingent paymentNo
Overview
Ryerson Holding Corporation agreed to acquire Olympic Steel, Inc. in an all-stock merger in which Merger Sub merges into Olympic Steel, which survives as a wholly owned subsidiary of Ryerson. Each Olympic Steel share converts into 1.7105 shares of Ryerson common stock under a fixed exchange ratio.
Deal rationale
The document presents the merger as combining two metals service companies, with Olympic Steel shareholders owning about 37.0% of the combined company; both boards found the merger fair and in shareholders' best interests.
AI-generated from the SEC filingCompletedMaterials & Chemicals โบ Metals & MiningUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Stock |
Advisors
Buy-side
JPJ.P. Morgan
Sell-side
HLHoulihan LokeyKCKeyBanc Capital Markets