MacArthur Company, a 110-year-old employee-owned leader in the distribution of building supplies, this week completed its acquisition of American Metals Supply, a leading wholesale distributor of sheet and coil steel, prefabricated duct and fittings, and a complete line of HVAC products. 

The new entity combines two complementary distribution businesses and is the latest addition in the company’s goal to increase its product portfolio while protecting its core offering. American Metals will operate as an independent subsidiary with the same team, product line, marketing presence and locations and Chrissy Nardini will continue her role as President as a third-generation leader of the business. American Metals Supply will continue to operate in the market without any significant changes in day-to-day operations. There are almost no areas in the country where American Metals Supply and MacArthur Company overlap or compete with one another, so the addition of American Metals product mix will enable MacArthur to continue to build upon its growth.

 “American Metals Supply shares our approach to business, with a commitment to consistent, stable growth by providing exceptional customer service and the desire to manage an organization that focuses on long-term retention of engaged team members,” said Barrett Moen, CEO, MacArthur Company. “We both have a strong heritage as successful distribution businesses that share an understanding of what it means to be industry leaders. With the acquisition of American Metals Supply both companies will be able to provide our customers with an enhanced portfolio of products.”

By joining the MacArthur Employee Stock Ownership Plan, the American Metals Supply employees become part of, and will add to, a strong employee-ownership culture.  

“We looked for a buyer who would enable us to keep our focus on our product mix, which is one of our key differentiators, and not have any duplication in locations,” said Nardini. “MacArthur Company provides us with a compatible culture fit, strong financial fundamentals and the ability for future employees to continue to achieve financial success.”

 As a result of the transaction, Steve Hassebrock will transition out of the company, following his long-term leadership roles in the company founded by his father.  “It has been both an honor and a privilege to have worked here for the last 52 years and I have witnessed phenomenal growth and a magical transformation of a company that had a very humble beginning,” said Hassebrock. “And our future has never looked brighter.”