Acquiring Company
Ryerson Holding Corporation
Acquired Company
Olympic Steel
ChicagoClevelandManufacturingNatural ResourcesEducationMiningPrecious MetalsManufacturingMiningPrecious MetalsBuilding MaterialWholesaleDescription
Ryerson Holding Corp. has successfully merged with Olympic Steel on February 13, 2026. This merger establishes the second-largest service center network in North America, boasting approximately 160 locations. Both companies expect to achieve $120 million in annual synergies over the next two years through procurement and commercial alignment.
Quick answer
Ryerson Holding Corporation is acquiring Olympic Steel, announced February 20, 2026. Ryerson Holding Corporation is based in Chicago, Illinois, United States.
- How much did Ryerson Holding Corporation pay for Olympic Steel?
- The deal value was not disclosed.
- What does Ryerson Holding Corporation do?
- Ryerson Holding Corporation is a leading value-added processor and distributor of industrial metals with operations in the United States, Canada, Mexico, and China.
- Where are Ryerson Holding Corporation and Olympic Steel based?
- Ryerson Holding Corporation is based in Chicago, Illinois, United States. Olympic Steel is based in Cleveland, Ohio, United States.
- Who are the decision-makers at Ryerson Holding Corporation?
- Fundz holds 1 contact at Ryerson Holding Corporation. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Natural Resources and Education
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Nippon Steel to acquire U.S. Steel for $5.7 billion, $5.7B (March 18, 2026)
- Metalor Technologies acquires Gannon & Scott (March 3, 2026)
- Heidelberg Materials acquires BURNCO's Edmonton assets (April 1, 2026)
- Southern Steel to acquire Ann Joo's steel unit (March 27, 2026)
- Jiangxi Copper acquires SolGold, delists from LSE (March 16, 2026)
- Worthington Steel lowers threshold for Kloeckner offer (March 10, 2026)
Who to call at Ryerson Holding Corporation, and when
When Ryerson Holding Corporation changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Ryerson Holding Corporation raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Ryerson Holding Corporation, from your own LinkedIn network
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Frequently asked
Who acquired Olympic Steel?
Olympic Steel was acquired by Ryerson Holding Corporation, based in Chicago. The deal was reported on February 20, 2026. Ryerson Holding Corporation is a leading value-added processor and distributor of industrial metals with operations in the United States, Canada, Mexico, and China. Ryerson Holding Corporation is publicly traded (RYZ) and operates in Manufacturing.
When did Ryerson Holding Corporation acquire Olympic Steel?
Ryerson Holding Corporation's acquisition of Olympic Steel was reported on February 20, 2026. Ryerson Holding Corp. has successfully merged with Olympic Steel on February 13, 2026. This merger establishes the second-largest service center network in North America, boasting approximately 160 locations. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Olympic Steel do?
Founded in 1954, Olympic Steel is a leading U.S. metals service center focused on the direct sale of processed carbon, coated and stainless flat-rolled sheet, coil and plate steel, aluminum, tin plate, and metal-intensive branded products. It is privately held, operating in Manufacturing, and is based in Cleveland.
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