A PYMNTS Company

US: Buyout pulls Pritzker family in top steel mills spot

By  |  August 26, 2013

The Pritzker family plans to acquire scrap mill company TMS International for a reported $687 million, TMS said Monday. The deal would place the billionaire family in ownership of the largest service provider for steel mills in North America, say reports. TMS currently operates in 12 nations. Chairman and CEO of The Pritzker Organization described TMS as “exceptional” and a company with “a proven track record of delivering value to its customers.” Reports say the deal is worth $1 billion when debt is factored into the transaction.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Full Content: Fox Business

    We’d love to be your preferred source for news.

    Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!

    Add as Preferred Source

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.