Shale-Inland Holdings sells F&DS businesses

Shale-Inland Holdings LLC

Shale-Inland Holdings LLC has closed a transaction for the sale of the majority of the assets of its fabrication and distribution services (collectively referred to as "F&DS") – Main Steel & Polishing Inc., Shale-Inland Stamping & Fabricating LLC, and Metals Inc. – to an affiliate of the investment firm Peak Rock Capital.    

"Following an extensive review of our portfolio of businesses, we have determined that the sale of F&DS optimizes both Shale-Inland's and F&DS's strategic position in their respective sectors of industrial distribution and metals service centers,” said Frank A. Riddick III, CEO of Shale-Inland. “Shale-Inland will continue to strengthen its position in industrial distribution with investments focused on valve and valve actuation and stainless steel and high nickel alloy pipe, fittings, and flanges to improve our ability to serve our customers and supplier partners.”

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