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Alleghany Capital Corporation subsidiary acquires Texas structural steel fabricator

Wednesday, 07 February 2018 20:49:42 (GMT+3)   |   San Diego
       

Alleghany Capital Corporation, a subsidiary of Alleghany Corporation, today announced that WWSC Holdings, LLC (W&W|AFCO) has acquired the Hirschfeld Industries group of companies. Headquartered in San Angelo, Texas, Hirschfeld is a leading fabricator of steel bridges and structural steel for stadiums, airports, and other large commercial and industrial projects.

Rick Cooper, President and CEO of W&W|AFCO, commented, "The acquisition of Hirschfeld brings together two great companies with long histories in the bridge and fabricated steel markets.  Together, W&W|AFCO and Hirschfeld will have 14 production facilities, approximately 3.5 million square feet of manufacturing capacity, and a team of talented employees capable of executing the most demanding and complex projects."

Willkie Farr & Gallagher LLP acted as legal counsel to W&W|AFCO.  Cowen advised Hirschfeld on the transaction and Hunton & Williams LLP acted as legal counsel to the company.


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