Houston-based Triple-S Steel Holdings has completed its acquisition of Arbor Metals, a Dallas service center specializing in slitting of narrow carbon, stainless and nickel alloy materials.
The company, which will operate as part of the Triple-S specialty metals group, employs about 40 people under the leadership of Jack Matheson.
“We are excited to welcome a new team to the Triple-S family,” said Gary Stein, CEO of Triple-S. “We see an exciting combination and the ability to offer some very special material to our combined customer base.”
Matheson, who will serve as senior vice president of the new division, added, “the benefit of being part of a large organization, having access to talent, geographic locations and capital, is exactly what we were looking for in a new owner at Arbor. We’re very excited about our future as a Triple-S company, and how this will enable us to grow with our customers and employees.”
Triple-S Steel is one of the largest family-owned steel service centers in the United States, with over 30 locations in the U.S. and Colombia. In addition to the original Triple-S Steel Supply, company brands include Intsel Steel, R&S Steel, Metals Inc., General Steel of Macon, Tube Supply Co., Maas Hansen Steel, Beshert Steel Processing and Steckerl Aceros.