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Reliance Steel & Aluminum to Acquire Fry Steel Company-The 21st China (Guangzhou) Int’l Spring Industry Exhibition
3/3/2020 彈簧展- Spring Industry Exhibition-Spring expo |
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Reliance Steel & Aluminum Co announced that it has reached an agreement to purchase all of the outstanding capital stock of Fry Steel Company, a general line and long bar distributor located in Santa Fe Springs, California. Founded in 1948 and family-owned for nearly 50 years, Fry Steel has built a global reputation for superior customer service, and provides in-stock next day delivery through its proprietary fleet of trucks. Fry Steel performs cutting services on its diverse product assortment of over 8,000 types and conditions of long bar product including stainless, alloy, aluminum, carbon, brass and bronze.
The acquisition fits within Reliance’s strategy of acquiring high margin businesses focused on specialty products and further supports its customer and product diversification strategy. The transaction is expected to close in early 2020, subject to regulatory approval and customary closing conditions. The terms of the transaction were not disclosed.
彈簧展-2020第二十一屆廣州國際彈簧工業(yè)展覽會-全球最大彈簧展會-巨浪展覽
-The 21st China (Guangzhou) Int’l Spring Industry Exhibition
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