Keystone Consolidated Industries, Inc. (KCI) has announced it has acquired all of the outstanding capital stock of Strand-Tech Martin, Inc. (STM), from Ori Martin S.A.
Based in South Carolina, STM is a producer of PC strand and industrial wire for pre-stressed concrete and post-tension markets and manufactures a full line of PC strand and high carbon wire products for the construction industry.
Klecha & Co. acted as financial advisor to Ori Martin.
About Ori Marin Group
Founded in 1902 with headquarter in Brescia (Italy), Ori Martin Group is a leading producer of high quality long products steel for mechanical and special applications.
This transaction is part of Ori Martin Group’s strategy to consolidate its business and operations in Europe strengthening its relationship and positioning in supplying the Automotive and Mechanical industries.
About Keystone Consolidated Industries, Inc.
Headquartered in Dallas, Texas, KCI is a leading domestic producer of steel fabricated wire products, industrial wire and wire rod. The company also manufactures welded wire mesh, coiled rebar, PC strand and steel bar and other products for the agricultural, industrial, construction, original equipment manufacturer and retail consumer markets.