Steel Partners had been created in February 1990 as a private investment firm by Warren G. Lichtenstein. After that we purchased america, and several countries throughout Europe and Asia. We have additionally established several successful private financial investment partnerships, including metal Partners L.P., Steel Partners II, L.P., Steel Systems L.P., Steel Partners Japan Strategic Fund L.P., Steel Partners China Access we L.P., and specific co-investment partnerships.
In December 2008, in order to protect a good investment strategy that successfully served the business and its own investors since its creation, metal Partners restructured its business. The effect had been the creation of metal Partners Holdings L.P., a worldwide diversified keeping company that owns and operates businesses in a number of sectors through majority possessed subsidiaries, connected businesses and other passions.
On April 10, 2012, after fulfilling stringent regulatory and economic reporting requirements, the business became listed on the brand new York stock-exchange (NYSE: SPLP).
As long-lasting people, Steel Partners Holdings L.P. has focused on enhancing value through implementation of functional superiority and corporate strategic restructuring programs, such as the metal Partners Operational quality products, the metal Partners Purchasing Council, and Steel Partners Corporate providers.
These days, our consolidated holdings have more than 13, 400 workers in 115 plants and facilities – totaling roughly 13 million sqft across 20 nations worldwide. Moreover, according to all of our holdings’ newest year-end economic reports, the combined income could be in excess of $3.6 billion, with significant profits and cash flow.