Varsteel Ltd. Acquires Pacific Steel Inc.

Counsel to the stakeholders of Pacific Steel with respect to its sale to Varsteel Ltd.

Lead by

Team Members

On March 20, 2024, Varsteel Ltd. (“Varsteel”) completed the acquisition of Pacific Steel Inc. (“Pacific Steel”).

Pacific Steel was founded in the 1950s and has built a reputation as a trusted source for both fabricators and construction contractors. The company is a leading distributor of structural steel to large fabricators and service centers in eastern Canada and, for certain products, serves customers in the northeastern U.S. and throughout Canada. The company is a full-range supplier, fabricator, and installer of rebar used in construction markets. Pacific Steel serves its customers using two facilities in Laval, Quebec.

Varsteel is a leading steel and pipe service center and metal processor, with over 800 employees and 32 locations in western Canada and the United States. Headquartered in Lethbridge, Alberta, Varsteel has offered supplies and service to its customers for over 70 years.

Miller Thomson advised the stakeholders of Pacific Steel with a team led by Andrew Cohen and comprised of Shane Goldman and Matthew Steinlauf (Corporate/M&A), Lawrence Witt, Alessandra Pecoraro (Labour & Employment), Andrew Etcovitch (Tax), Eric Dufour (Regulatory), Steven Chaimberg (Real Estate) and Alexandre Benoit (Paraprofessional).

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