Who is PNA Group?
PNA Group is a service center group that distributes and process metal products. PNA Group operates under four brands with 21 service center facilities. PNA Group has 16 service centers focused on long products and plate. These products are marketed regionally under the brands Infra-Metals, Delta Steel, Metals Supply Co. and Smith Pipe& Steel. PNA Group has five service centers focused on flat rolled products which operate under the Feralloy brand. Combined revenues for the PNA Group are approximately $1.5 billion. 7. What has Platinum’s track record been with other acquisitions? Platinum Equity has an established track record of acquiring and operating companies in cyclical industries such as Ryerson. Platinum Equity is very diligent about their acquisitions and will only acquire companies they are comfortable holding through multiple business cycles. Platinum Equity’s intent will first be to first ensure that Ryerson has a strong financial track record and is consistently executing i
