The Energy segment provides drilling and production services to the oil and gas industry and owns a youth sports business. The Diversified Industrial segment includes manufacturers of engineered niche industrial products, including joining materials, tubing, building materials, performance materials, electrical products, cutting replacement products and services, and a packaging business. It operates through the following segments: Diversified Industrial, Energy, Financial Services, and Corporate and Other. Furthermore, according to each of our holdings’ most recent year-end financial reports, the combined revenue would be in excess of $1.6 billion, with substantial profits and cash flow.Steel Partners Holdings LP engages in owning and operating businesses in various industries, including diversified industrial products, energy, defense, supply chain management and logistics, banking, and youth sports. Today, Steel Partners has 5,300 employees at 70 locations in 11 countries around the globe. has focused on enhancing value through the implementation of operational excellence and corporate strategic restructuring programs, including the Steel Partners Operational Excellence Programs, the Steel Partners Purchasing Council, and Steel Partners Corporate Services. On April 10, 2012, after fulfilling stringent regulatory and financial reporting requirements, the company became listed on the New York Stock Exchange (NYSE: SPLP).Īs long-term investors, Steel Partners Holdings L.P. The result was the creation of Steel Partners Holdings L.P., a global diversified holding company that owns and operates businesses in a variety of industries through majority owned subsidiaries, associated companies and other interests. In December 2008, in order to preserve an investment strategy that successfully served both the company and its investors since its inception, Steel Partners restructured its business. We have also launched several successful private investment partnerships, including Steel Partners L.P., Steel Partners II, L.P., Steel Systems L.P., Steel Partners Japan Strategic Fund L.P., Steel Partners China Access I L.P., as well as certain co-investment partnerships. Since that time we have invested in the United States, and a dozen countries throughout Europe and Asia. Steel Partners was founded in February 1990 as a private investment firm by Warren G. Steel Partners Purchasing Council serves to consolidate purchasing power and gain economies of scale on material purchases, freight, maintenance and repair items, office supplies and others key areas, with the opportunity to further reduce expenses by expanding this to includes insurance, IT, banking, real estate, legal, human resources, tax and audit. Steel Partners Operational Excellence Programs include Lean Manufacturing, Design for Six Sigma, Six Sigma and Strategy Deployment to reduce and eliminate waste. We work with our companies to increase long term corporate value for all of our stakeholders and shareholders utilizing Steel Partners Operational Excellence Programs, the Steel Partners Purchasing Council, Steel Partners Corporate Services, balance sheet improvements, capital allocation policies and growth initiatives.Īll of our programs are focused on helping SPLP companies strengthen their competitive advantage and increase their profitability, while enabling them to achieve operational excellence and enhanced customer satisfaction. A diversified global holding company with operations in diversified industrial products, energy, defense, supply chain management and logistics, banking and youth sports.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |