# Reliance Steel to acquire Metals USA for $1.2B

Reliance Steel & Aluminum Co. announced a definitive merger agreement to acquire all shares of Metals USA Holdings Corp. for $20.65 per share in cash, representing an enterprise value of approximately $1.2 billion. The transaction is expected to close in Q2 2013.

- Type: Acquisition
- Announced: 2016-11-25
- Where: Los Angeles, United States
- Value: $1.20B
- Status: announced
- Products: steel service center services
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Reliance Steel & Aluminum Co.](https://endata.com/companies/19763.md) (acquirer)
- [Metals USA Holdings Corp.](https://endata.com/companies/19764.md) (target)

## Sources

- [lzhongling.com](http://www.lzhongling.com/news/show-htm-itemid-480.html), 2016-11-25: "We are very excited about Metals USA becoming an important part of the Reliance family of companies."
- [hongguangsj.com](http://www.hongguangsj.com/news/show-htm-itemid-1232.html), 2016-11-25: "Reliance Steel & Aluminum Co. and service center Metals USA Holdings Corp. announced a definitive merger agreement whereby Reliance Steel will acquire all of the outstanding shares of Metals USA for $20.65 per share in cash, representing an enterprise value of approximately $1.2 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.