S&S Steelstock targeting growth with Black Country acquisition

An ambitious multi-product steel stockholder has completed a significant acquisition that will double its revenues, increase manufacturing capability and open new markets.

S&S Steelstock, which is run by Directors Barry Collins, Chris Downs and Jon Elwell, made the decision to purchase Trident Sections in Kingswinford as part of significant growth plans that will see it create several new roles.

Made in the Black Country, the complex deal required a multi-faceted approach by professional services group DJH, with its Corporate Finance Lead Advisory team supporting buy-side advisory and utilising in-house specialists within VAT and fundraising – the latter seeing Head of Finance David Wright secure a seven-figure funding package from HSBC UK.

Eight experts from across the accountancy firm’s offices in the North West and the Midlands were involved in the acquisition, delivering the purchase within a relatively short timeframe and in a position that allows the enlarged business to make the most of opportunities in the automotive, construction and electrical sectors.

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