Company Announcements
December 10, 2025
Triple-S Steel takes stake in Northern European distributor
Written by Laura Miller
Triple-S Steel Holdings and a European partner have taken a major equity stake in Zimmer Staal, a steel distributor based at the Port of Antwerp in Belgium.
Triple-S, the Houston-based distributor group that handles more than 1 million metric tons (mt) of steel each year, made the joint investment with the Frankstahl Group. Frankstahl is a Vienna-based stockist with more than 20 locations in 10 countries throughout Central and Eastern Europe.
The investment is “major,” and in the form of new equity, the companies jointly announced without providing further financial details. They noted existing Zimmer Staal shareholders remain fully invested.
The capital injection will allow Zimmer Staal to accelerate its development plans, which include increasing sales and expanding its stock breadth, according to a statement from the three companies.
Zimmer Staal operates a warehouse at the Port of Antwerp that carries a permanent stock of ~60,000 metric tons of hot-rolled plate. It also provides on-site shot blasting, painting, and cutting services.
