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Reliance Steel & Aluminum Co. Completes Acquisition Of Merfish United

PUBLIC · RSOct 04, 2021

Acquiring Company

Reliance

Acquired Company

Merfish United

PhoenixPhoenixManufacturingMiningPrecious MetalsMineralManufacturingMiningPrecious MetalsMineral

Description

Reliance Steel & Aluminum Co. (NYSE:RS) announced today that effective October 1, 2021, it has acquired Merfish United, a leading master distributor of tubular building products in the United States, from One Equity Partners, a middle market private equity firm. Headquartered in Ipswich, Massachusetts, Merfish United serves 47 U.S. states through its twelve strategically located distribution centers. Merfish United’s broad product offering includes full lines of steel pipe, copper tubing, plastic pipe, electrical conduit and related products for the commercial, residential, municipal and industrial building markets. For the twelve months ended June 30, 2021, Merfish United’s net sales were approximately $500 million. The current Merfish United team, including management, will remain in place. The terms of the transaction were not disclosed.

Quick answer

Reliance and Reliance are acquiring Merfish United, announced October 4, 2021. Reliance is based in Phoenix, Arizona, United States.

How much did Reliance pay for Merfish United?
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 Merfish United based?
Reliance is based in Phoenix, Arizona, United States.

Source: Fundz verified event record.

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Company Information

Company

Reliance

Location

Phoenix, Arizona, United States

About

Reliance, Inc. is a leading global diversified metal solutions provider and the largest metals service center company in North America. Established in 1939, Reliance provides a wide range of value-added metals processing services and distributes over 100,000 metal products to more than 125,000 customers across various industries through a vast network of locations.

Company

Reliance

Location

Phoenix, Arizona, United States

About

Reliance, Inc. is a leading global diversified metal solutions provider and the largest metals service center company in North America. Established in 1939, Reliance provides a wide range of value-added metals processing services and distributes over 100,000 metal products to more than 125,000 customers across various industries through a vast network of locations.

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Frequently asked

Who acquired Merfish United?

Merfish United was acquired by Reliance, based in Phoenix. The deal was reported on October 4, 2021. 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 Merfish United?

Reliance's acquisition of Merfish United was reported on October 4, 2021. Reliance Steel & Aluminum Co. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Merfish United do?

Home from Merfish United It is privately held.

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