American Consolidated Industries Inc., a leading metals service center and supplier of flat-rolled coil, sheet and ERW tubing, has completed the largest acquisition in its history with the purchase of Gary, Ind.-based T&B Tube Company.
This acquisition marks ACI’s sixth facility –and its first in Indiana –complementing the company’s existing operations in Ohio, Kentucky, Alabama and Tennessee. T&B operates four tube mills, specializing in manufacturing cut-to-length steel tube for a variety of applications and customers.
The move aligns with ACI’s long-term growth strategy, which focuses on expanding its geographic footprint, broadening its customer base and enhancing downstream value through integrated service offerings.
“Strategic acquisitions are a cornerstone of our growth strategy,” said Josh Kaufman, ACI president and CEO. “Acquiring high-performing, culturally-aligned businesses strengthens our market presence and enhances the value we deliver to customers. This acquisition not only extends our geographic reach but also increases operational flexibility and supply chain resilience, helping us continue to reliably meet customer needs across a broader footprint.”
“While commercial, operational and financial strength are essential when evaluating an acquisition, ACI also emphasized cultural fit as an equally important element,” said Jamie Vilcheck, ACI CFO. “As the process evolved, we became even more impressed by how T&B’s values and operating principles are similar to ours and have led to its outstanding reputation for customer service and quality.”
T&B’s previous president and owner, Jack Jones, will continue to lead the company’s commercial efforts and play a key role in the integration.
“This partnership is exciting because of the strong mutual respect between our organizations,” Jones said. “The acquisition enhances our capabilities and will create numerous commercial and operational synergies.”
Copper Run, a leading middle-market M&A advisory firm, served as ACI’s exclusive buy-side advisor.