ABOVE (L-R): EuroSteel GM Andrew Ross and CEO David Deavoll: "We look forward to an exciting journey, and continuing to perform as a key supply partner across NZ."
The company says: "We are proud of everything we have achieved as EuroSteel and our commitment to the merchant channel will not change.
"We continue to value the building of trust in our relationships with suppliers and customers.
"We continue to invest in our people and systems to ensure we deliver on our promises and continue to help you grow your business."
Summit Steel & Wire is the new trading name however the legal entity is still Euro Corporation Ltd so there should be no need for new accounts or trading terms, says the company.
There will be no changes to the current agricultural and construction industry product ranges.