# Slate Capital Group acquires Cumberland Diversified Metals

Slate Capital Group acquired Cumberland Diversified Metals, a value-added distributor and broker of specialty metals based in Cleveland, Ohio.

- Type: Acquisition
- Announced: 2023-06-14
- Where: Cleveland, Ohio, United States
- Status: completed
- Products: specialty metals, stainless steel, aluminum, titanium, nickel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Slate Capital Group](https://endata.com/companies/70830.md) (acquirer)
- [Cumberland Diversified Metals](https://endata.com/companies/70831.md) (target)

## Sources

- [slatecap.com](https://www.slatecap.com/news/2023/6/13/slate-capital-group-acquires-cumberland-diversified-metals), 2023-06-14: "We believe that the demand for specialty metals like aluminum and stainless steel will continue to grow and that customers will need a partner to secure the right supply at the right time for the right price."
- [slatecap.com](https://www.slatecap.com/news/2023/6/15/mergers-amp-acquisitions-cdm), 2023-06-15: "Now that we are partnered with Slate Capital Group, we have a financial partner who can assist us in achieving our ambitious growth plans."
- [peprofessional.com](https://peprofessional.com/2023/07/slate-capital-acquires-specialty-metals-distributor/), 2023-07-18: "Slate Capital Group has acquired Cumberland Diversified Metals, a distributor and broker of specialty metals."

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