- Friedman Industries, Incorporated (FRD) completed the acquisition of Century Metals and Supplies, Inc. on **September 2, 2025**, for approximately **$45.25 million in cash** and a **$3.5 million note**, with a potential earn-out of up to **$10 million**.  **[39092_0001437749-25-028241_ex_858577.htm:0]** **[39092_0001437749-25-028241_frd20250902_8k.htm:1]** 
- This acquisition is expected to be immediately accretive, expanding Friedman's geographic reach into the southeastern U.S. and Latin American markets, and diversifying its product mix and processing capabilities.  **[39092_0001437749-25-028241_ex_858577.htm:0]** 
- Century Metals reported average annual revenues of approximately **$111.0 million** over the past three fiscal years.  **[39092_0001437749-25-028241_ex_858577.htm:0]** 
- Concurrently with the acquisition, Friedman amended its credit facility on **August 29, 2025**, reducing aggregate commitments from $150 million to **$125 million** and extending the maturity date to **August 29, 2030**.  **[39092_0001437749-25-028241_frd20250902_8k.htm:1]**

Friedman Industries Acquires Century Metals and Supplies and Amends Credit Facility

- **Friedman Industries** announced the acquisition of **Century Metals and Supplies, Inc.**, an all-cash purchase expected to be immediately accretive.  **[39092_67b2ab49a96b493e964908703dec08fc_1]** 
- **Century Metals** has generated average annual revenues of approximately **$111.0 million** over the past three fiscal years.  **[39092_67b2ab49a96b493e964908703dec08fc_1]** 
- This acquisition expands **Friedman's** geographic presence into the southeastern U.S. and Latin American markets, diversifies its product mix, and adds processing capabilities.  **[39092_67b2ab49a96b493e964908703dec08fc_0]** **[39092_67b2ab49a96b493e964908703dec08fc_1]** 
- **Century Metals** will continue to operate as a wholly owned subsidiary of **Friedman**.  **[39092_67b2ab49a96b493e964908703dec08fc_1]**

FRIEDMAN INDUSTRIES (FRD)