Triple-S Steel Acquires Shamrock Steel
By Metal Center News Staff
on Sep 4, 2019
Triple-S Steel Holdings has acquired Shamrock Steel, Odessa, Texas. The deal was effective Sept. 1.
“We are excited to expand our coverage in Texas with a physical presence in the Permian Basin,” said Gary Stein, CEO of Houston-based Triple-S Steel. “More importantly, we are pleased to join forces with the talented team at Shamrock.”
Shamrock Steel was founded by the Williams family in 1956. It specializes in the distribution of structural steel.
“We sincerely appreciate the opportunity to become part of the Triple-S organization. We realize that being a member of the Triple-S family of businesses will give us the capability to provide a much greater range of materials and services to our customers. The future of Shamrock Steel is now limitless thanks to Gary Stein and the Triple-S acquisition of Shamrock Steel.”
Triple-S Steel is the 15th-largest service center company in North America, with 2018 earnings of $1.1 billion. It maintains more than 35 locations in the U.S. and Canada.