Schmidt Industrial Acquires Metal & Cable Corp

Expansion into telecommunications, energy, and infrastructure markets

Apr. 1, 2026 at 1:55pm

Schmidt Industrial Services LLC, a leading provider of industrial services, has announced the acquisition of Metal & Cable Corp, a prominent supplier of telecommunications, energy, and infrastructure products and services. The move will expand Schmidt's capabilities and reach across key markets.

Why it matters

The acquisition strengthens Schmidt's position as a diversified industrial services provider, allowing it to better serve growing demand in the telecommunications, energy, and infrastructure sectors. It also demonstrates ongoing consolidation in the industrial services industry as companies seek to broaden their offerings and geographic footprint.

The details

Through the acquisition, Schmidt will gain Metal & Cable's expertise in providing specialized products, engineering services, and installation support for telecommunications networks, energy infrastructure, and other critical infrastructure projects. The combined company will have a larger geographic footprint and enhanced technical capabilities to serve customers across the Northeast and Mid-Atlantic regions.

  • The acquisition was announced on April 1, 2026.
  • The transaction is expected to close in the second quarter of 2026.

The players

Schmidt Industrial Services LLC

A leading provider of industrial services, including maintenance, repair, and installation support for a range of industries.

Metal & Cable Corp

A prominent supplier of telecommunications, energy, and infrastructure products and services, based in the Northeast and Mid-Atlantic regions.

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What they’re saying

“This acquisition is a strategic move that will allow us to better serve our customers in the telecommunications, energy, and infrastructure markets. Metal & Cable's expertise and geographic reach complement our existing capabilities, and we're excited to welcome their team to the Schmidt family.”

— John Schmidt, CEO, Schmidt Industrial Services LLC

What’s next

The transaction is expected to close in the second quarter of 2026, pending regulatory approvals. The combined company will work to integrate operations and leverage synergies to better serve customers across its expanded service offerings and geographic footprint.

The takeaway

The acquisition of Metal & Cable Corp by Schmidt Industrial Services demonstrates the ongoing consolidation in the industrial services industry as companies seek to diversify their capabilities and expand their reach to better meet the evolving needs of customers in key markets like telecommunications, energy, and infrastructure.