News
Reliance Steel & Aluminum to Acquire Metals USA.
Issued at 2013-02-14
Tweet
Reliance Steel & Aluminum Co. and Metals USA Holdings Corp. announced a definitive merger agreement whereby Reliance will acquire all outstanding shares of Metals USA for approximately $1.2 billion. The transaction is expected to close in the second quarter of 2013. Reliance plans to operate Metals USA, and its 48 service centers, under its current brand names. Reliance, with a network of more than 220 locations, is the largest metals service center company in North America. Metals USA provides a wide range of products and services in the heavy carbon steel, flat-rolled steel, nonferrous metals and building products markets.
Source: Industrial Heating
Tweet
Related News
- Overview of China's alumina production in May 2025 and forecast for June
- METAL CHINA/DIECASTING/NONFERROUS CHINA 2025 Concluded with a Big Success
- Geologists Reveal World’s Biggest Iron Deposit Worth $6 Trillion Set to Impact Global Economy
- Integrating On-Demand Manufacturing into Modern Supply Chain Strategies
- From Art to Automation: The Evolution of Pattern-Making in Foundries
- Germany reduced steel production by 10.1% y/y in April
- How Russian steel exports have changed in the face of sanctions
- Italian Foundries: No Signs of Recovery Yet in Early 2025
- See all News
