# SteelSummit Holdings acquires Magic Steel Sales

SteelSummit Holdings, a flat rolled metals processor-distributor, announced the acquisition of Magic Steel Sales, a steel service center company headquartered in Grand Rapids, Michigan. Terms were not disclosed.

- Type: Acquisition
- Announced: 2019-03-14
- Where: Grand Rapids, Michigan; Decatur, Alabama, United States
- Status: announced
- Products: flat rolled metal products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [SteelSummit Holdings](https://endata.com/companies/15944.md) (acquirer)
- [Magic Steel Sales](https://endata.com/companies/15945.md) (target)

## Sources

- [steelsummit.com](https://steelsummit.com/), 2019-03-14: "This acquisition is a perfect complement to our organization as it adds new markets and geographic diversity with minimal customer overlap."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.