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Maksteel USA completes acquisition of LexWest Steel

Steel News - Published on Tue, 12 Mar 2019

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Union Partners announced that one of its world-class steel service centers, Maksteel, has completed the acquisition of LexWest Steel based in Los Angeles, California. LexWest Steel is a full-line distributor of flat rolled steel products and will be rebranded as Maksteel USA under the expanding Union Partners portfolio. Maksteel USA is a US division of Maksteel, which is based in Canada. Maksteel's geographic footprint and processing capabilities grow with this addition and US distribution now spans from the midwest and south regions to strategic locations in Los Angeles, California, and a soon-to-be announced expansion in Arizona. This westward growth is key for Maksteel as they continue to pride themselves on providing superior service, products and capabilities to their customers, vendors and suppliers across the country.

LexWest Steel was founded in 2001 and currently operates out of Los Angeles, with sales offices in Arizona and Texas. Over the past 18 years, LexWest has grown into one of the most successful independent service centers on the west coast. The company offers slitting and cut-to-length capabilities, and carries a variety of hot rolled, cold rolled, coated and pre-painted flat rolled products. With the addition of LexWest, Maksteel now operates out of nine facilities in the US and Canada.

Union Partners co-founder, Paul Douglass, said of the acquisition, "LexWest is a trusted and familiar name, and I am confident that our LexWest team and operations will thrive under Maksteel."

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Posted By : Ratan Singh on Tue, 12 Mar 2019
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