Steel Partners's asset
Steel Partners

@steelpartners.com

Steel Partners Holdings L.

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About

Description

Steel Partners Holdings L. P. It was founded in 1990 by Warren Lichtenstein and has its headquarters in New York City, New York.


The company operates through various subsidiaries across a wide range of industries. Steel Partners' main products and services include industrial products, chemicals, asset management, and related businesses. The company operates through three segments: Diversified Industrial, Energy, and Financial Services.


In the Diversified Industrial segment, Steel Partners manufactures and distributes industrial products and services, including security products, bearings, valves, and custom electric resistance welded steel tube and pipe. The Energy segment focuses on oilfield services and exploration and production of oil and natural gas. The Financial Services segment manages asset-based investments, including merger arbitrage and distressed securities.


On a global scale, Steel Partners has subsidiaries, joint ventures, and partnerships in various countries. One notable subsidiary is WebBank, a national industrial bank providing customized online banking solutions. Steel Partners also has joint ventures in Japan, China, Singapore, and the Netherlands.


Additionally, the company has formed partnerships with other companies in industries such as real estate, automotive, and telecommunications. In terms of market position, Steel Partners is a significant player in the global market. It has a diverse portfolio of businesses and is known for its focus on value creation and operational improvement.


The company has a strong track record of acquiring and turning around distressed businesses. In terms of global sales, Steel Partners has steadily grown its revenue over the years, although specific figures vary by segment and industry. There have been several major events and achievements in Steel Partners' history.


In 2009, the company acquired Handy & Harman Ltd., a global diversified manufacturer of engineered niche industrial products. This acquisition expanded Steel Partners' presence in the industrial products sector. In recent years, the company has also focused on expanding its asset management business and exploring potential investment opportunities in the renewable energy sector.


As of the latest available information, Steel Partners is a publicly traded company listed on the New York Stock Exchange under the ticker symbol SPLP. The company has continued to actively pursue growth opportunities and expand its global presence. However, specific details about the company's current status or recent updates may vary.


It is advisable to refer to the latest news and financial reports for the most up-to-date information on Steel Partners

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Company Type

Public Company

Company Size

10,001+

Year Founded

1990

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