LIVE - Live Ventures Announces Acquisition of Data Center Product Manufacturer Central Steel Fabricators | Benzinga
LAS VEGAS, May 17, 2024 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (NASDAQ:LIVE), a diversified holding company ("Live Ventures" or "Company"), announced today that it has acquired Central Steel Fabricators, LLC ("CSF"), a Chicago-based manufacturer of specialized fabricated metal products primarily for data centers and the communications industry.
CSF, a highly respected manufacturer since 1969, offers over 2,300 unique SKUs to more than 500 customers. Its extensive product line, primarily for data centers, includes cable racks, auxiliary framing, hardware, insulation products, network bays, and more, which has consistent demand. CSF has maintained excellent, long-standing relationships with high-profile customers in the data and telecommunications industries. Typical customers are contractors or engineering firms tasked with data center installations for major communications companies.
"The acquisition of CSF aligns perfectly with our existing steel manufacturing operations and our long-term strategy. As major corporations continue to invest heavily in AI and data centers, we believe CSF will be a big beneficiary of such demand," said Jon Isaac, President and CEO of Live Ventures.
"We are a highly valued manufacturer specializing in meeting the infrastructure needs of the communications industry. We are driven by a devoted team dedicated to delivering excellence in every product we produce. Serving Engineer Furnish & Install (EF&I) contractors nationwide, we take pride in offering customer service that sets us apart from our competitors. We look forward to becoming part of the Live Ventures team," said Mike Murzanski, CSF's President. "CSF is strategically positioned to ...