Acquiring Company
Schmidt Industrial Services
Acquired Company
Metal & Cable
PennsylvaniaManufacturingIndustrialManufacturingPrecious MetalsBuilding MaterialDescription
Schmidt Industrial Services LLC has acquired Metal & Cable Corp, enhancing its capabilities in telecommunications and energy. This acquisition strengthens Schmidt Industrial's market position while diversifying its metal fabrication expertise. Metal & Cable's Magnemount® product line will continue to be manufactured under Schmidt Industrial. The transition aims to ensure quality and service excellence for existing customers.
Quick answer
Schmidt Industrial Services is acquiring Metal & Cable, announced April 1, 2026. Schmidt Industrial Services is based in Pennsylvania, United States.
- How much did Schmidt Industrial Services pay for Metal & Cable?
- The deal value was not disclosed.
- What does Schmidt Industrial Services do?
- Schmidt Industrial Services LLC is a Pennsylvania-based provider of metal fabrication, precision machining, and engineered industrial solutions.
- Where are Schmidt Industrial Services and Metal & Cable based?
- Schmidt Industrial Services is based in Pennsylvania, United States.
Source: Fundz verified event record.
Other recent acquisitions in Industrial and Precious Metals
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Nippon Steel acquires Sanyo Special Steel Corp. (May 13, 2026)
- Nippon Steel to acquire U.S. Steel for $5.7 billion, $5.7B (March 18, 2026)
- Highway Holdings acquires 51% of Regent-Feinbau (March 5, 2026)
- AMFT acquires P&B Metal Components saving jobs (March 3, 2026)
- Ryerson acquires Olympic Steel to enhance growth (February 20, 2026)
- GMS acquires Peridot Supply for growth (May 15, 2026)
Who to call at Schmidt Industrial Services, and when
When Schmidt Industrial Services changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Schmidt Industrial Services raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Schmidt Industrial Services, from your own LinkedIn network
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Frequently asked
Who acquired Metal & Cable?
Metal & Cable was acquired by Schmidt Industrial Services, based in Pennsylvania. The deal was reported on April 1, 2026. Schmidt Industrial Services LLC is a Pennsylvania-based provider of metal fabrication, precision machining, and engineered industrial solutions. Schmidt Industrial Services is privately held and operates in Manufacturing.
When did Schmidt Industrial Services acquire Metal & Cable?
Schmidt Industrial Services's acquisition of Metal & Cable was reported on April 1, 2026. Schmidt Industrial Services LLC has acquired Metal & Cable Corp, enhancing its capabilities in telecommunications and energy. This acquisition strengthens Schmidt Industrial's market position while diversifying its metal fabrication expertise. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Metal & Cable do?
Metal & Cable Corp is a recognized leader in magnetic mounting equipment and specialty metal sourcing. The company is internationally known for its Magnemount® systems, widely regarded for their performance in demanding environments. It is privately held, operating in Manufacturing.
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