Vinson & Elkins Advises New Process Steel, L.P. on Strategic Sale to STLD Holdings

Vinson & Elkins advised New Process Steel, L.P., a metals solutions and distribution supply-chain management company headquartered in Houston, in connection with the sale of the remaining 55% of its limited partnership interests to STLD Holdings, Inc., a wholly-owned subsidiary of Steel Dynamics, Inc., an Indiana-based carbon steel producer.
The Vinson & Elkins corporate team was led by partner Matt Strock with assistance from associate Ashley Osborne. Also advising were partner Hill Wellford, counsel Ryan Will, associate Adam Thomas, and senior associate W. Bryant Buechele.
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