New York — Houston-based Triple-S Steel Holdings recently completed its purchase of Shamrock Steel Sales of Odessa, Texas, paving the way for the company to expand its coverage with a physical presence in the Permian Basin, according to Gary Stein, CEO of Triple-S.
Receive daily email alerts, subscriber notes & personalize your experience.Register Now
The purchase price was not disclosed.
The deal brings together Triple-S, which is one of the largest privately owned steel service centers in the world, and Shamrock -- the largest distributor of structural steel in the Permian Basin.
"Now the entire breadth and depth of our large inventory and variety of services are available to [Shamrock's] customers in the Permian Basin," Stein told S&P Global Platts in an email Wednesday. "And we intend to expand the variety and capability of services available locally as well."
-- Joe Innace, firstname.lastname@example.org
-- Edited by Pankti Mehta, email@example.com