Independent steel service centers Houston Steel Plate and Hannibal, OH-based Artco Group International retained Heritage Equity Partners to seek a buyer for the companies.
Houston Steel Plate and Artco Group have become a resource for steel users across North America, South America and Europe. Additionally, the companies have accumulated manufacturing equipment to satisfy the demands of their customers. Those customers include steel construction companies, oil and gas companies, heavy industry, machine shops and others.
Fred Cross, a managing director at Heritage Equity Partners said, “This is an excellent opportunity to acquire one or both companies. Absent bids for complete locations, all equipment and inventory will be auctioned starting November 30.”