BlueScope Steel Ltd. of Australia has announced its merger with
Butler Manufacturing Company, parent company of The Vistawall
Group, is complete.
"Completion of the acquisition marks a major milestone in
the implementation of BlueScope Steel's downstream branded products
and solutions strategy," said BlueScope Steel managing director
and chief executive officer Kirby Adams. "The combination
of the assets of the two companies creates a strong, global steel
building components and pre-engineered buildings business."
"The Vistawall Group business will be supported for continued
growth and development of its own markets and products, as well
as the delivery of synergistic opportunities with the Butler Buildings
business," added Lance Hockridge, president of BlueScope
Steel's North American business. The Vistawall Group's president,
Tom Harris, will continue in his management role.