AcquisitionOct 28, 2025Completed
๐Ÿ‡บ๐Ÿ‡ธ United States

Olympic Steel, Inc.Ryerson Holding Corporation

Materials & Chemicals โ€บ 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 filing
CompletedMaterials & Chemicals โ€บ Metals & MiningUnited StatesNorth America

Timeline

  1. AnnouncedOct 28, 2025

    Imported from prototype record 113, unverified

    Filing
  2. Shareholder vote ยท ApprovedFeb 12, 2026

    Target shareholders approved the deal.

    Filing
  3. Shareholder vote ยท ApprovedFeb 12, 2026

    Acquirer shareholders approved the deal.

    Filing
  4. ClosedFeb 13, 2026

    Closing reported in Form 8-K filed 2026-02-13.

    Filing

Valuation and terms

Equity valueUndisclosed
Enterprise valueUndisclosed
ConsiderationStock

Advisors

Buy-side
JPJ.P. Morgan
Sell-side
HLHoulihan LokeyKCKeyBanc Capital Markets

Parties

Target
Olympic Steel, Inc.
Headquarters
United States
Ticker
ZEUS
EDGAR company page
Acquirer
Ryerson Holding Corporation
Headquarters
United States
Ticker
โ€”
EDGAR company page