ClosedPublished 3 Sep 2025

Friedman Industries /
Century

Friedman Industries expands steel operations with Century asset purchase

Buy side: Friedman Industries
Buy sideFriedman Industries
Target: Century
TargetCentury
Friedman Industries, Incorporated · 3 Sep 2025Source
Buy side: Friedman Industries
Buy sideFriedman Industries
Target: Century
TargetCentury
01 / BuyerFriedman Industries
02 / TargetCentury
Source for the buyer and target: Friedman Industries, Incorporated

For the buyer and target.

““Century Earn-Out ” means the obligations of Friedman Industries, Inc. to pay the “ Earn-Out Amount ” as defined in the Century Purchase Agreement as in effect as of the Century Acquisition Closing Date, in accordance with the terms thereof.”

Published 3 Sep 2025

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01

What happened

Friedman Industries, Incorporated acquired assets from Century Metals & Supplies, Inc. and other sellers, including operations, equipment, inventory and real estate associated with facilities in Miami, Tampa and Orlando, Florida. [01]

The purchase included approximately $45.25 million in cash at closing and a $3.5 million note. The acquisition expands Friedman’s southeastern U.S. and Latin American presence and adds coil slitting capabilities and additional steel and non-ferrous materials to its product portfolio. [01]

02

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01
Source · Friedman Industries, Incorporated

Friedman Industries expands steel operations with Century asset purchase

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  1. Published by Friedman Industries, Incorporated

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