Triple-S Steel Holdings, Inc. acquires Shamrock Steel Sales, Inc.
September 1, 2019Triple-S Steel Holdings of Houston is pleased to announce the purchase of the assets of Shamrock Steel Sales of Odessa, Texas effective September 1, 2019.
Gary Stein, CEO of Triple-S stated:
“We are very excited to expand our coverage in Texas with a physical presence in the Permian Basin. More importantly, we are pleased to join forces with the talented team at Shamrock. Shamrock, founded by the Williams family in 1956 shares a lot of similarities with Triple-S, from a family culture and customer focus to the three “S” s in the name. We are grateful to Terry Williams and his team for building such a fine company. My family and our entire team is proud to make it part of us.”
Terry Williams, President of Shamrock added:
“We sincerely appreciate the opportunity to become part of the Triple-S organization. We realize that being a member of the Triple-S family of businesses will give us the capability to provide a much greater range of materials and services to our customers. It is truly an honor to become part of such a dynamic organization. The future of Shamrock Steel now is limitless thanks to Gary Stein and the Triple-S acquisition of Shamrock Steel.”
About Triple-S: Triple-S Steel Holdings, Inc. was founded in Houston in 1960. Today it encompasses over 35 locations in the U.S., Canada and Colombia. The Company ranks among the largest privately owned steel service centers in the world.
About Shamrock: Shamrock Steel Sales, Inc. was founded in 1956 by the Williams family and is the largest distributor of structural steel in the Permian Basin.
Shamrock was represented in the transaction by Statesman Corporate Finance, LLC.
For more information:
Gary Stein gary.w.stein@sss-steel.com
Walter Tomlinson, Principal at Statesman waltert@statesmanbiz.com
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