Distributors/Service Centers
Norfolk Iron & Metal to buy Pennsylvania service center
Written by Stephanie Ritenbaugh
January 6, 2025
Norfolk Iron & Metal is acquiring Pennsylvania-based service center Straub Metal International for an undisclosed amount.
The deal will expand Norfolk’s stainless steel sheet and coil product lines, the company said.
Straub Metal, located in Ashley, Pa., is a family-run business founded in the 1970s.
“As a family-run business, Straub Metal is a great fit to continue our growth and investment throughout the United States,” Arnie Robinson, president and COO of Norfolk Iron & Metal, said in a statement.
Nebraska-based Norfolk provides value-added metals processing services and distributing, primarily carbon steel, stainless steel, and aluminum.
Abrahams Kaslow & Cassman LLP is acting as legal counsel and Headwall Partners LLC as buy-side adviser to Norfolk. Ballar Spahr LLP is acting as legal counsel and Mufson Howe Hunter & Company LLC is acting as sell-side adviser to Straub Metal.
Stephanie Ritenbaugh
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