M&A
confidence high
sentiment neutral
materiality 0.80
Ryerson completes Olympic Steel merger; purchase price $777.7M
Ryerson Holding Corp
- Each Olympic share converted into 1.7105 Ryerson shares; total consideration $777.7M (based on RYI close $27.03).
- Pro forma FY2024 revenue $6.54B, net loss attributable $(2.0)M (vs Ryerson loss $(8.6)M + Olympic income $23.0M).
- Pro forma 9mo2025 revenue $4.94B, net loss attributable $(10.8)M (Ryerson loss $(18.5)M + Olympic income $9.9M).
- Pro forma total assets $3.54B; goodwill $212.6M as of Sep 30, 2025.
- Olympic shareholders own ~37% of combined company; Ryerson shareholders ~63%.