Two firms acquire Esmark Technologies
Jan 22, 2013 | 06:25 PM
| Catherine Ngai
Tags
Esmark Technologies,
James Bouchard,
shale,
Stahlschmidt,
Bouchard Group,
Uwe Schmidt,
Catherine Ngai
NEW YORK — Stahlschmidt Inc. and Bouchard Group LLC have jointly acquired Esmark Inc.’s Esmark Technologies for an undisclosed sum.
The sale and licensing venture between the two parties will be operated as a vertically integrated industrial services company and continue to be branded under Esmark Technologies.
Cleveland, Ohio-based Stahlschmidt, a privately held management services, investment and asset management company, will own 60 percent of the venture and manage its day-to-day operations, Esmark chairman and chief executive officer James P. Bouchard told AMM. ....
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