Platinum Equity
Mergers. Acquisitions. Operations.

Mergers. Acquisitions. Operations.

Ryerson

Industrials · Public-to-Private Transaction · Acquired in October 2007

Processes, fabricates, and distributes metal sheet, coil, plate, and long products through service centers in North America and China for the construction, consumer products, and other industries.

Video: Inside the Platinum Portfolio. With manufacturing facilities and service centers across North America and in China, Ryerson processes and distributes a wide range of metal products. A look at the process in Ryerson's facility in California.

View a Slide Show of Ryerson » Video Short »

VIDEO FEATURE

  • Renewal at Ryerson: Executives from Ryerson and Platinum Equity discuss key operational initiatives that reignited the company's entrepreneurial drive since joining the portfolio. Watch Video »

KEY FACTS

  • 160+ years in the U.S. metals industry
  • Headquartered in Chicago with a network of service centers spanning the U.S., Canada, China, and Mexico
  • Acquires, processes, and distributes finished metals such as stainless steel, aluminum, copper, and brass
  • Handles millions of tons of steel annually, making it one of the largest distributors and processors in North America or China
  • Second largest metals service center in North America
  • The only major North American service center providing metals to China

INITIATIVES

  • In 2009 temporarily reduced inventory and dramatically reduced debt during the economic crisis
  • In 2009 expanded sales force and added four additional North American service centers
  • In 2010 acquired strategic add-ons Texas Steel and SFI-Gray Steel
  • In 2012, acquired Turret Steel and expanded into Brazil by acquiring a 50% stake in Açofran Aços e Metais

NEWS

updated 05/13