Service Centers
All Metals Industries Purchases Gerber Metal Supply
Written by Laura Miller
November 16, 2022
Metal products service center Gerber Metal Supply Co. has been purchased by All Metals Industries Inc. (AMI).
Gerber is a New Jersey-based distributor of carbon sheet steel, strip, blanks, and edge processed material.
Belmont, New Hampshire-based AMI is a finisher and distributor of carbon, aluminum, stainless, and coated sheet and coil products serving the Northeastern region of the US.
Terms of the deal were not disclosed. The Metals & Metals Processing investment banking team of Brown Gibbons Lang & Co. (BGL) served as financial advisor to Gerber for the transaction.
“With the company’s co-founders looking to transition to retirement, it was important to find a partner who would not only continue the legacy of the business they had built for nearly 60 years, but also take it to the next level,” BGL noted in a press release announcing the sale.
By Laura Miller, Laura@SteelMarketUpdate.com
Laura Miller
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