Norfolk Iron & Metal announced that it has acquired Straub Metal International.
The acquisition further expands NIM's stainless steel sheet and coil product lines.
"We are pleased to welcome the Straub Metal team to the NIM family," Arnie Robinson, President and COO of Norfolk Iron & Metal, said. "As a family-run business, Straub Metal is a great fit to continue our growth and investment throughout the United States." Doug Straub added, "Both companies have grown and succeeded by consistently delivering outstanding products and services to every customer. We are thrilled to be combining with NIM."
Abrahams Kaslow & Cassman LLP is acting as legal counsel and Headwall Partners LLC as buy-side advisor to Norfolk Iron & Metal. Ballar Spahr LLP is acting as legal counsel and Mufson Howe Hunter & Company LLC is acting as sell-side advisor to Straub Metal.
