Articles from Atlas Holdings

Atlas Holdings (“Atlas”) today announced the formation of the Orion Steel Companies (“Orion Steel” or “the Companies”) following the completion of the previously announced acquisition of EVRAZ Inc. NA and EVRAZ Inc. NA Canada and their respective subsidiaries (together, “EVRAZ North America”). Leading the newly created Orion Steel as Chief Executive Officer is former U.S. Steel executive Doug Matthews.

Atlas Holdings (“Atlas”) today announced it has entered into a definitive agreement to sell Saxco International, LLC (“Saxco”) to Novvia Group (“Novvia”), which is backed by Kelso & Company (“Kelso”). The transaction is anticipated to close in the first quarter of 2025, subject to customary closing conditions. Terms were not disclosed.

Atlas Holdings (“Atlas”) today announced the sale of the Iconex North American paper receipt solutions business (“Iconex Paper”) to Domtar Corporation, marking a full exit from Atlas’ investment in Iconex (“Iconex” or the “Company”). This transaction follows the recently concluded sale of Iconex’s label solutions business and European operations (“Iconex Labels”) to M2S Group, which was announced in August 2024.

Atlas Holdings (“Atlas”) announced today the sale of NPX One, a leading manufacturer and the second largest supplier of polystyrene trays for fresh protein in the U.S., to Breck Partners, a Dallas-based private equity firm. Terms of the transaction were not disclosed.

Atlas Holdings (“Atlas”) announced today the appointment of Peter Taschner to the newly-created role of Principal, Safety and Engineering. Taschner brings a unique skill set and decades of operational experience to Atlas, having spent his career in senior leadership roles across safety, engineering and operations for blue-chip global companies. The creation of this role expands Atlas’ internal capabilities to effect operational transformation and underscores Atlas’ foundational principle – that world class workplace safety is paramount at each of its businesses.

Atlas Holdings (“Atlas”) announced today that it has closed the previously announced sale of portfolio company Banker Steel to DBM Global Inc. (“DBM Global”), a family of companies providing fully integrated structural and steel construction services. DBM Global is an operating subsidiary of HC2 Holdings, Inc. (NYSE: HCHC), a diversified holding company with interests primarily in Infrastructure, Life Sciences and Spectrum.