Majestic Steel USA, a provider of supply chain services, has bought Quicken Steel, a manufacturer of steel buildings, and Mercury Transport, a transportation company.
Quicken Steel will operate independently while using Majestic resources to create synergies. The acquisition of Mercury Transport is a follow-on investment to Majestic’s acquisition of Merit Steel USA.
Todd Leebow, CEO of Majestic Steel USA, said, “These strategic investments further Majestic’s commitment to customer service, supply chain reliability, and innovation in steel. Quicken Steel is an opportunity for us to provide our existing solutions downstream where we believe steel is critical to the future of building. We were attracted to their growth-oriented business model, focus on short customer lead-times, and commitment to sustainability. These acquisitions build on our 2021 investments as we continue to expand our footprint across North America.”