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Friday, 21 August 2015 08:58

Lee Steel acquired by Ohio company

Written by  MiBiz Staff
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Toledo-based Union Partners I LLC has acquired the assets of Novi-based Lee Steel Corp.’s facility in Wyoming, Mich., as well as the working capital assets of the firm’s Romulus facility.

The company’s Romulus operations will be consolidated into the Wyoming facility as a result of the acquisition, according to a statement.

Terms of the deal were not disclosed.

Union Partners holds seven other steel service companies including, Lexington Steel Corporation, LexWest, LLC, Lex South, LLC, Mapes & Sprowl Steel LLC, Chicago Steel Holdings LLC, JIT Steel Services LLC and Opus Metals LLC.

Read 3073 times Last modified on Sunday, 30 August 2015 22:39

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