Union Partners I LLC (UP), based in Oak Brook, has acquired Berg Steel Corporation.
Union Partners purchased the existing steel service center in Royal Oak, Michigan. There will be no interruption of service for Berg Steel customers.
“This acquisition is a perfect complement to our Michigan infrastructure in Grand Rapids, Gibraltar and Farmington Hills; and we are excited to welcome Berg Steel to our family of companies,” Paul Douglass, of Union Partners, said.
“We chose to sell to Union Partners based on their demonstrated success in delivering positive outcomes to customers, vendors and employees,” Berg Steel's Mark Berg said. “We are very proud of what the entire team at Berg Steel has accomplished during its 46 years in business and feel fortunate to have Union Partners’ operating expertise and commitment to quality drive the company’s success for decades to come.”
Berg Steel will continue operating as it has for the past 45-plus years.
“Union Partners looks forward to expanding on the great foundation developed by the Berg family and their employees,” Chris Hutter, of Union Partners, said. “Berg Steel’s philosophy and operating principles of providing quality steel and high-touch service ensures Berg Steel will provide the best to its customers every day. Additionally, this acquisition complements our core portfolio and further demonstrates our commitment to serving our customers in the best way possible. We are always seeking to acquire first-rate companies with proven track records of success, and the addition of Berg Steel is a great example of this investment strategy.”