Willkie Farr & Gallagher LLP
10/29/2025 | News release | Distributed by Public on 10/29/2025 09:40
Willkie Advises Ryerson Holding Corporation on Merger with Olympic Steel
News & Insights
Willkie Advises Ryerson Holding Corporation on Merger with Olympic Steel
News
share
October 29, 2025
Willkie is representing Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, in its merger with Olympic Steel, Inc. (NASDAQ: ZEUS), a leading U.S. metals service center.
On October 28, Ryerson and Olympic announced that they entered into a definitive agreement to merge. The merger will enhance the combined company's presence as the second-largest North American metals service center and represents a highly compatible strategic match as it will bring Olympic Steel's complementary footprint, capabilities, and product offerings into Ryerson's intelligently interconnected network of value-added service centers.
Under the terms of the merger agreement, Olympic Steel shareholders will receive 1.7105 Ryerson shares of common stock for every Olympic Steel share of common stock owned and will own approximately 37% of the combined company.
The deal is expected to close in the first quarter of 2026, subject to customary closing conditions and the receipt of regulatory and shareholder approvals.
The Willkie team is led by partners Cristopher Greer, Adam Turteltaub, Brian Hamilton and Thomas Sharkey and includes partners Rose Ohanesian and Wesley Powell, counsel Adam Cohen and Agathe Richard, and an associate team led by Daniela Abadi.
On October 28, Ryerson and Olympic announced that they entered into a definitive agreement to merge. The merger will enhance the combined company's presence as the second-largest North American metals service center and represents a highly compatible strategic match as it will bring Olympic Steel's complementary footprint, capabilities, and product offerings into Ryerson's intelligently interconnected network of value-added service centers.
Under the terms of the merger agreement, Olympic Steel shareholders will receive 1.7105 Ryerson shares of common stock for every Olympic Steel share of common stock owned and will own approximately 37% of the combined company.
The deal is expected to close in the first quarter of 2026, subject to customary closing conditions and the receipt of regulatory and shareholder approvals.
The Willkie team is led by partners Cristopher Greer, Adam Turteltaub, Brian Hamilton and Thomas Sharkey and includes partners Rose Ohanesian and Wesley Powell, counsel Adam Cohen and Agathe Richard, and an associate team led by Daniela Abadi.
Cristopher Greer Partner Corporate & Financial Services New York [email protected] +1 212 728 8214
Adam M. Turteltaub Partner Mergers & Acquisitions New York [email protected] +1 212 728 8129
Brian E. Hamilton Partner Corporate & Financial Services New York [email protected] +1 212 728 3211
Thomas Sharkey Partner Corporate & Financial Services New York [email protected] +1 212 728 8894
Rose Ohanesian Partner Executive Compensation & Employee Benefits New York [email protected] +1 212 728 8829
Wesley R. Powell Partner Litigation New York [email protected] +1 212 728 8264
Adam Cohen Counsel Executive Compensation & Employee Benefits New York [email protected] +1 212 728 8323
Agathe Richard Counsel Antitrust & Competition New York [email protected] +1 212 728 8190
Daniela Abadi Associate Corporate & Financial Services New York [email protected] +1 212 728 8110
Related Practice Areas
Corporate & Financial Services Mergers & Acquisitions Private Equity Manufacturing & Engineering
Related Locations
New York
787 Seventh Avenue
New York , NY 10019-6099
Willkie Farr & Gallagher LLP published this content on October 29, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 29, 2025 at 15:40 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]