# Olympic Steel acquires Shaw Stainless and Alloy

Olympic Steel acquired the assets of Shaw Stainless and Alloy, including its stainless steel distribution and fabrication businesses, as well as architectural and barrier defense businesses. The all-cash purchase is immediately accretive; terms were not disclosed.

- Type: Acquisition
- Announced: 2021-10-01
- Where: Powder Springs, Georgia, United States
- Status: completed
- Products: stainless steel sheet, pipe, tube, bar, angles, stainless steel bollards, water treatment systems
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Olympic Steel](https://endata.com/companies/31064.md) (acquirer)
- [Shaw Stainless and Alloy](https://endata.com/companies/58120.md) (target)

## Sources

- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/olympic-steel-to-acquire-shaw-stainless-and-alloy-1217439.htm), 2021-10-01: "Olympic Steel Inc. today announced that it has acquired the assets of Shaw Stainless and Alloy, Inc."
- [modernmetals.com](https://www.modernmetals.com/2-news/page-61.html), 2021-10-07: "The acquisition includes Shaw's stainless steel distribution and fabrication businesses as well as its architectural and barrier defense businesses."

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