Triple-S Steel buys plate distributor Griffin Trade Group

Triple-S Steel Holdings has acquired Houston-based plate distributor Griffin Trade Group.

The deal was effective April 29, Triple-S said. Further terms were not disclosed.

“Obviously, our companies fit together well strategically, but what drew us to Griffin was the people, character, and values of the Griffin crew,” Gary Stein, CEO of Triple-S, said in a statement on May 8.

Griffin has stocking locations in Texas and Oklahoma and serves diverse end-markets nationwide.

Triple-S Steel, also based in Houston, was founded in 1960. The privately owned steel service center has over 60 locations in the US, Canada, and Colombia.

Ethan Bernard

Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA. in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.