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Trusted by
Acquiring Company
Reliance
Acquired Company
American Alloy Steel
Description
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.
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 Scottsdale. 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.
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