Norfolk Iron & Metal Closes Acquisition of Cd'A Metals
US steel service center Norfolk Iron & Metal Co and The Coeur d'Alenes Company in the Inland Northwest, jointly announced that NIM completed the
US steel service center Norfolk Iron & Metal Co and The Coeur d'Alenes Company in the Inland Northwest, jointly announced that NIM completed the acquisition of Cd'A Metals on December 31, 2020. The acquisition complements NIM's market coverage, adding three new locations in the Northwest, and further expanding NIM's product lines and processing capabilities. The NIM family of companies now has sixteen locations stretching from New Jersey to Washington with daily deliveries to customers in thirty states.
Cd'A Metals is a full-line metal service center and supplier, headquartered in Spokane in Washington. With three locations across the Inland Northwest, the company provides bar and structural steel, plate and sheet products, as well as ornamental iron. Founded in 1884, Cd'A Metals has offered over a century of processing expertise to the metals industry and is a member of the Metal Service Center Institute and the North American Steel Alliance.
Norfolk Iron & Metal Co is a full-line steel service center headquartered in Norfolk, Nebraska. It is one of the US's largest and most technologically advanced steel providers. In 2018, NIM acquired Metalwest, a leading processor and distributor of non-ferrous and carbon flat rolled metal products. With 13 locations across the US, NIM's warehouses are stocked with more than 3,000 items including carbon steel beams, angles, channels, flat-roll sheet and coil, plate, and tubing. NIM has been a family-run business since 1908 and is a member of MSCI
Heritage Capital Group served as financial advisor, and Witherspoon Kelley provided legal services, to Cd'A Metals. Abrahams Kaslow & Cassman LLP is acting as legal counsel to NIM.