Triple-S Steel Supply, Co. acquires BMG Metals

Triple-S Steel Supply, Co. of Houston is pleased to announce the purchase of BMG Metals from Descours and Cabaud. Founded in 1963, BMG is a well-established distributor of steel and aluminum and other associated metal processing services. In conjunction with this transaction, Steve Briggeman, a 21 year veteran of Triple-S, has been promoted to Regional Vice President, a resident of Knoxville; Steve will oversee the new BMG business in addition to the Knoxville branch.

Gary Stein, CEO of Triple-S, stated:

"Steel distribution is what we love, and we welcome the opportunity to meet new friends and customers in one of the birthplaces of the United States. BMG provides a great vehicle to bring what we do best to this region."

Dean Wagoner, President of BMG Metals, stated:

"After taking BMG as far as we could over the past 9 years of ownership, Dillon Supply and our parent Descours and Cabaud realized BMG needed to be part of a larger steel organization in order to grow to the next level. Triple-S Steel, with its strong leadership, is the company to do just that."

About Triple-S: Triple-S Steel Holdings, Inc. was founded in Houston in 1960. Today it encompasses over 42 locations in the U.S., Canada, and Colombia. In addition to Triple-S Steel Supply Co., the brands include Intsel Steel, Steckerl Aceros, Arbor Metals, Maas-Hansen Steel, and Alamo Iron Works. The company ranks among the largest privately owned steel service centers in the world.

For more information: Please contact Gary Stein at gary.w.stein@sss-steel.com