Acquisition and new product line for ASD

Steel stockholder ASD has announced the acquisition of the assets of Atlantic Steel Processing, based in Birkenhead, Merseyside.

This strategic move marks a new growth chapter for ASD under the umbrella of parent company Hierros Añon SA, one of the largest mill-independent steel distributors in Europe.

With a site at the Port of Liverpool, ASD said it will enhance its presence in the north west of the UK and offer cost-effective distribution to Northern Ireland and the Republic of Ireland markets.

ASD will also introduce a new product line to its portfolio – de-coiled hot rolled sheets and reversing mill plate. There will be a capability to stock and de-coil 2,500mm-wide coils in gauges from 5mm to 20mm.

Peter Whiting, CEO of ASD, commented: “The acquisition of the assets of Atlantic Steel Processing marks a significant milestone for ASD. The strategic location within the Port of Liverpool, combined with our enhanced product range and unique processing capabilities, presents exciting new opportunities. This expansion strengthens our ability to deliver superior service and meet the evolving needs of our customers more effectively.”