Acquiring Company
Reliance
Acquired Company
American Alloy Steel
PhoenixHoustonManufacturingMiningPrecious MetalsMineralOil And GasDescription
Reliance Steel & Aluminum Co. has agreed to acquire all of the outstanding equity interests and related real estate assets of American Alloy Steel, Inc. This strategic acquisition will increase Reliance’s value-added processing capabilities in the areas of burning, cutting, rolling, and beveling, and expand its product offerings. The transaction is subject to regulatory approval and is expected to close within the next 60 days.
Quick answer
Reliance is acquiring American Alloy Steel, announced February 14, 2024. Reliance is based in Phoenix, Arizona, United States.
- How much did Reliance pay for American Alloy Steel?
- The deal value was not disclosed.
- What does Reliance do?
- Reliance, Inc. is a leading global diversified metal solutions provider and the largest metals service center company in North America.
- Where are Reliance and American Alloy Steel based?
- Reliance is based in Phoenix, Arizona, United States. American Alloy Steel is based in Houston, Texas, United States.
Source: Fundz verified event record.
Other recent acquisitions in Mining and Precious Metals
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Reliance Steel & Aluminum Co. Acquires Cooksey Iron & Metal Co., Inc. (February 2, 2024)
- Star Diamond Corporation to acquire 100% interest in Star – Orion South Diamond Project from RTEC (March 26, 2024)
- Alcoa finalizes acquisition deal with Alumina Limited to strengthen global presence (March 11, 2024)
- Alcoa Announces Agreement With Alumina Limited on Terms and Process to Acquire Alumina Limited in All-Stock Transaction (February 25, 2024)
- Yintai to Acquire Osino in an All-Cash Transaction for C$368 million, $292M (February 25, 2024)
- Welsbach Technology Metals Acquisition finalizes merger agreement with Evolution Metals (EM) to enhance smart factory technology (March 29, 2024)
Who to call at Reliance, and when
When Reliance changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Reliance raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Reliance, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Reliance. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Reliance makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired American Alloy Steel?
American Alloy Steel was acquired by Reliance, based in Phoenix. The deal was reported on February 14, 2024. Reliance, Inc. is a leading global diversified metal solutions provider and the largest metals service center company in North America. Reliance is publicly traded (RS) and operates in Manufacturing.
When did Reliance acquire American Alloy Steel?
Reliance's acquisition of American Alloy Steel was reported on February 14, 2024. Reliance Steel & Aluminum Co. has agreed to acquire all of the outstanding equity interests and related real estate assets of American Alloy Steel, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does American Alloy Steel do?
American Alloy Steel, Inc. is a leading distributor of specialty carbon and alloy steel plate and round bar, including pressure vessel quality (PVQ) material. It is privately held, operating in Oil And Gas, and is based in Houston.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.