Union Steel Holdings acquires Transvictory group for $15M

Union Steel Holdings, a Singapore metal recycling company, entered into an agreement to acquire the Transvictory group of companies (Transvictory Holdings, Transvictory Winch System, and Steadfast Offshore & Marine) for $15 million. This marks Union Steel's first foray into the offshore and marine industry.

“The agreement marks Union Steel’s first foray into the offshore and marine industry – through which the group intends to tap on the strength of Transvictory’s existing customer networks and relationships.”theedgemalaysia.com

• 1 source
• theedgemalaysia.comUnion Steel makes maiden foray into offshore and marine industry with Transvictory group acquisitionNov 9, 2026

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