Reliance Steel & Aluminum Co. Acquires Rotax Metals, Inc.
December 28, 2021
Reliance Steel & Aluminum Co. has acquired Rotax Metals, Inc., a Brooklyn-based distributor of copper, bronze and brass alloys. Rotax (founded 1947) generated approximately $14 million in net sales for the 12 months ended July 31, 2021 and will operate as a subsidiary of Yarde Metals, a wholly owned Reliance subsidiary; terms were not disclosed.
- Buyers
- Reliance Steel & Aluminum Co.
- Targets
- Rotax Metals, Inc.
- Industry
- Industrial Services
- Location
- New York, United States
- Transaction Type
- Buyout
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