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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