Flack, Kenwood Complete Merger
By Metal Center News Staff
on Apr 12, 2017
Flack Global Metals and Kenwood Painted Metals have completed a merger of the two companies. The Cleveland-based Flack, formerly known as Flack Steel, partners with other service centers to supply flat-rolled steel. Kenwood Painted Metals, Olympia Fields, Ill., is a supplier of prepainted metals. Jeremy Flack, CEO of FGM, will retain his position with the merged companies, while Kenwood President Greg Underwood will serve as an executive vice president.
Flack and Kenwood share an “asset-light business model, forgoing physical assets in favor of developing the flexibility and geographic reach to deliver customized solutions.” Both companies work primarily with OEMs in transportation, automotive, HVAC, construction, doors and lighting. “This merger represents two strong companies coming together to further our capabilities for execution at even higher levels,” says Ben Bucci, Flack Global Metals president.
Kenwood expands Flack’s network of North American processing partners. “Kenwood adds extensive coil coating expertise to Flack’s impressive processing capabilities. Flack’s pivotal convergence of its metals market expertise and international networks allow us to capture new opportunities and service clients from purchase through delivery,” says Underwood.
Also joining Flack’s leadership team is Kenwood’s Aaron Underwood as vice president of construction products; Rick Sutkus, as chief operating officer; and Jeremiah Porter as vice president of business intelligence. Flack will add Kenwood’s suburban Chicago and Atlanta offices to its existing locations in Chicago; Scottsdale, Ariz.; and Columbia, S.C.