The Online Investor
Non-Precious Metals & Non-Metallic Mining M&A image Non-Precious Metals & Non-Metallic Mining M&A » By The Online Investor Staff, updated Mon., Feb. 24, 5:02 PM Recent mergers and acquisitions in the Non-Precious Metals & Non-Metallic Mining M&A category.

Slide #39. Reliance Steel & Aluminum Co. GH Metal Solutions, Inc.

Acquirer: Reliance Steel & Aluminum Co. (NYSE:RS)
Acquiree: GH Metal Solutions, Inc.
Details: Reliance Steel & Aluminum Co. announced that, through its wholly-owned subsidiary Feralloy Corporation, it has reached an agreement to purchase all of the outstanding capital stock of GH Metal Solutions, Inc. (formerly known as Gas House, Inc.), a value added processor and fabricator of carbon steel products located in Fort Payne, Alabama. Founded in 1958, GH's processing equipment includes flat-bed lasers, tube lasers, torches, shears, automatic band saws, CNC press brakes, coil-fed and hand-fed stampers, and robotic and manual welders. For the year 2011, annual sales were approximately $44M. The transaction is expected to be finalized within 30 days, subject to customary closing conditions. Terms were not disclosed.

Reliance Steel & Aluminum is a metals service center company. Co. provides metals processing services and distributes a line of metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and specialty steel products, to its customers in a range of industries, including general manufacturing, non-residential construction (including infrastructure), transportation (rail, truck trailer and shipbuilding), aerospace and defense, energy (oil and gas), electronics and semiconductor fabrication, and heavy industry (agricultural, construction and mining equipment). Co. also services the auto industry, primarily through its toll processing operations.

RS SEC Filing Email Alerts Service


Open the RS Page at The Online Investor »

Company Name: 
Reliance Steel & Aluminum Co.
Website: 
www.rsac.com
Sector: 
Non-Precious Metals & Non-Metallic Mining
Number of ETFs Holding RS: 
77
Total Market Value Held by ETFs: 
$1.06B
Total Market Capitalization: 
$7.29B
% of Market Cap. Held by ETFs: 
14.51%
 

Open the RS Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes



Hold (2.29 out of 4)
11st percentile
(ranked lower than approx. 89% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Non-Precious Metals & Non-Metallic Mining M&A - Slide 39 of 47 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2020, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.