Acquiring Company
Triple-S Steel Holdings
Acquired Company
American Stainless Tubing
Description
Ascent Industries Co. has completed the sale of American Stainless Tubing, LLC to Triple-S Steel Holdings, Inc. for $16 million. This transaction marks Ascent's final move towards becoming a pure-play specialty chemicals company. The sale aligns with Ascent's vision for growth and scalable value creation in the chemicals sector.
Quick answer
Triple-S Steel Holdings is acquiring American Stainless Tubing, announced June 30, 2025. Triple-S Steel Holdings is based in Houston, Texas, United States.
- How much did Triple-S Steel Holdings pay for American Stainless Tubing?
- The deal value was not disclosed.
- What does Triple-S Steel Holdings do?
- Triple-S Steel Holdings, Inc. is a leading distributor of steel pipe, valve, and fitting products.
- Where are Triple-S Steel Holdings and American Stainless Tubing based?
- Triple-S Steel Holdings is based in Houston, Texas, United States.
- Who are the decision-makers at Triple-S Steel Holdings?
- Fundz holds 2 contacts at Triple-S Steel Holdings. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Precious Metals and Construction
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Nippon Steel completes acquisition of U.S. Steel (June 18, 2025)
- White Cap acquires Beaver's Source, LLC in Laredo (August 6, 2025)
- Saint-Gobain acquires Interstar Materials Inc. (July 29, 2025)
- Somany Ceramics acquires 51% of Dura Build Care (July 15, 2025)
- Cornerstone Flooring acquires Craft Croswell (July 11, 2025)
- James Hardie completes $12.8b takeover of AZEK, $13B (July 1, 2025)
Who to call at Triple-S Steel Holdings, and when
When Triple-S Steel Holdings changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Triple-S Steel Holdings raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Triple-S Steel Holdings, from your own LinkedIn network
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Related People
Frequently asked
Who acquired American Stainless Tubing?
American Stainless Tubing was acquired by Triple-S Steel Holdings, based in Houston. The deal was reported on July 1, 2025. Triple-S Steel Holdings, Inc. is a leading distributor of steel pipe, valve, and fitting products. They serve various industries including energy, construction, and manufacturing. Triple-S Steel Holdings is privately held and operates in Manufacturing.
When did Triple-S Steel Holdings acquire American Stainless Tubing?
Triple-S Steel Holdings's acquisition of American Stainless Tubing was reported on July 1, 2025. Ascent Industries Co. has completed the sale of American Stainless Tubing, LLC to Triple-S Steel Holdings, Inc. for $16 million. This transaction marks Ascent's final move towards becoming a pure-play specialty chemicals company. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does American Stainless Tubing do?
American Stainless Tubing, LLC was involved in the production and distribution of stainless tubing products. They offered a range of services and products to support various industrial applications. It is privately held, operating in Manufacturing.
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