The Jade Steel Group completes acquisition of Precision Kidd Steel Company to enhance steel distribution capabilities
Acquiring Company
The Jade Steel Group
Acquired Company
Precision Kidd Steel Company
ClevelandAliquippaManufacturingPrecious MetalsBuilding MaterialManufacturingDescription
The Jade Steel Group, in partnership with Standard Horse Nail Company, LLC, has proudly acquired Precision Kidd Steel Company, a renowned producer of precision cold drawn steel shapes. This strategic acquisition aims to expand Jade Steel Group's capabilities in the steel distribution and precision value-add spaces, integrating Precision Kidd's state-of-the-art cold drawn steel bar and wire processes, in-house heat treating, and advanced engineered technologies into its operations.
Quick answer
The Jade Steel Group is acquiring Precision Kidd Steel Company, announced July 30, 2024. The Jade Steel Group is based in Cleveland, Ohio, United States.
- How much did The Jade Steel Group pay for Precision Kidd Steel Company?
- The deal value was not disclosed.
- What does The Jade Steel Group do?
- The Jade Steel Group focuses on delivering complete supply chain solutions from wire rod, hot roll and cold finished steel bar to fully finished precision-machined parts.
- Where are The Jade Steel Group and Precision Kidd Steel Company based?
- The Jade Steel Group is based in Cleveland, Ohio, United States. Precision Kidd Steel Company is based in Aliquippa, Pennsylvania, United States.
- Who are the decision-makers at The Jade Steel Group?
- Fundz holds 1 contact at The Jade Steel Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at The Jade Steel Group, and when
When The Jade Steel Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Precision Kidd Steel Company?
Precision Kidd Steel Company was acquired by The Jade Steel Group, based in Cleveland. The deal was reported on July 30, 2024. The Jade Steel Group focuses on delivering complete supply chain solutions from wire rod, hot roll and cold finished steel bar to fully finished precision-machined parts. The Jade Steel Group is privately held and operates in Manufacturing.
When did The Jade Steel Group acquire Precision Kidd Steel Company?
The Jade Steel Group's acquisition of Precision Kidd Steel Company was reported on July 30, 2024. The Jade Steel Group, in partnership with Standard Horse Nail Company, LLC, has proudly acquired Precision Kidd Steel Company, a renowned producer of precision cold drawn steel shapes. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Precision Kidd Steel Company do?
Precision Kidd Steel Co., Inc. is a leading producer of close tolerance, high quality cold drawn / cold finished steel bar, wire and special profile shapes. It is privately held, operating in Manufacturing, and is based in Aliquippa.
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