Reliance Steel & Aluminum Co. Acquires Rotax Metals, Inc.

Reliance Steel & Aluminum Co. Acquires American Alloy Steel, Inc.

February 14, 2024

Industrial Services

Reliance Steel & Aluminum Co. has entered into a definitive agreement to acquire all outstanding equity interests and related real estate assets of American Alloy Steel, Inc., a Houston-based distributor and fabricator of specialty carbon and alloy steel plate and round bar. The acquisition adds specialty plate and new fabrication/value-added processing capabilities to Reliance's portfolio; American Alloy reported approximately $310 million in sales for the 12 months ended Dec. 31, 2023.

Reliance Steel & Aluminum Co. Acquires Merfish United from One Equity Partners

August 4, 2021

Logistics & Distribution

Reliance Steel & Aluminum Co. has agreed to acquire Merfish United, a leading U.S. master distributor of tubular building products, from One Equity Partners. The deal expands Reliance's distribution footprint and product offering across pipe, tubing, plastic pipe and electrical conduit through Merfish's twelve U.S. distribution centers.

Reliance Steel & Aluminum Co. Acquires Cooksey Iron & Metal Co.

February 2, 2024

Industrial Services

Reliance Steel & Aluminum Co. has acquired all outstanding equity interests of Cooksey Iron & Metal Co., a metals service center headquartered in Tifton, Georgia. Cooksey (approximately $90 million in trailing annual net sales) will operate as a subsidiary of Metals USA, a wholly owned subsidiary of Reliance; terms were not disclosed.

Reliance, Inc. Acquires MidWest Materials, Inc.

April 2, 2024

Industrial Services

Reliance, Inc., a leading diversified metal solutions provider, has acquired MidWest Materials, a flat-rolled steel service center headquartered in Perry, Ohio. The transaction expands Reliance's North American service center footprint and capabilities in flat-rolled steel products sold into trailer manufacturing, agriculture, metal fabrication and building products markets.

Ryerson Acquires Production Metals

August 2, 2024

Industrial Services

Ryerson Holding Corporation, a Chicago-based metals processor and distributor, has acquired Production Metals, LLC, a Monroe, Connecticut-based distributor of aluminum, stainless and specialty steels. The deal expands Ryerson's value-added metal offerings and precision cutting capabilities (sawing, lasering, water jet cutting) in the Northeastern United States and across Ryerson's service-center network.

Route 2 Capital Partners and Alturus Back Reliance Aircraft International Investment in Reliance Aircraft International, Inc.

February 5, 2020

Aerospace & Defense

An investor group led by Route 2 Capital Partners and Alturus Capital (through a newly formed vehicle, Reliance Aircraft International, LLC, alongside Andrew Cohen and Terry Hix) completed a strategic investment in Reliance Aircraft International, Inc. The capital will support RAI's aftermarket commercial and military airframe/engine parts platform, enabling asset purchases, expansion into new product lines, and potential add-on acquisitions; RAI will remain headquartered in Austin, Texas and be managed by Terry Hix and Andrew Cohen.