William Blair acted as the exclusive financial advisor to Rytec Corporation (Rytec) in connection with its pending sale to Nucor Corporation (Nucor). The transaction was announced on June 3, 2024 and is expected to close in the third quarter of 2024, subject to the fulfillment of customary conditions and approvals.

About the Companies

Based in Jackson, Wisconsin, Rytec produces high-speed Spiral® rigid rolling doors for warehouses, manufacturing facilities, auto dealerships, and parking garages, as well as durable fabric doors for cold storage/food and beverage, manufacturing, and clean room applications. The company has a strong track record of new product development and has invested significantly in technology and automation to improve quality, increase efficiency, and enhance safety.

Nucor and its affiliates are manufacturers of steel and steel products, with operating facilities in the United States, Canada, and Mexico. Products produced include: carbon and alloy steel – in bars, beams, sheet and plate; hollow structural section tubing; electrical conduit; steel racking; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; precision castings; steel fasteners; metal building systems; insulated metal panels; overhead doors; steel grating; wire and wire mesh; and utility structures. Nucor, through The David J. Joseph Company and its affiliates, also brokers ferrous and nonferrous metals, pig iron and hot briquetted iron/direct reduced iron; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America's largest recycler.

Learn more about our industrial growth products investment banking expertise.