St. Louis., Mo., USA–based Precoat Metals is the largest independently run metal coil coating and value-added services provider in North America. Precoat operates 13 facilities with 15 coating lines and 17 processing lines.

AZZ said the Precoat Metals purchase furthers its goal to become a major player in the North American metal coatings market.

“Through this acquisition, AZZ significantly broadens our metal coatings offering, creating unrivaled scale and breadth of solutions in both the pre-painted and post-fabrication coatings markets,” remarked AZZ chief executive officer Tom Ferguson. “We believe the coil coating market will provide sustainable future growth for AZZ, and we intend to provide Precoat with the financial resources to expand and further invest in commercial and operational excellence.”

The transaction is expected to close in the first quarter of 2023.

Read the official announcement here.