Reliance Steel & Aluminum to acquire Fry Steel Company

Reliance Steel & Aluminum Co. has agreed to purchase all outstanding capital stock of Fry Steel Company, a general line and long bar distributor in Santa Fe Springs, California. The transaction is expected to close in early 2020; terms were not disclosed.

“Reliance Steel & Aluminum Co. announced today that it has reached an agreement to purchase all of the outstanding capital stock of Fry Steel Company”investor.reliance.com

• 2 sources
• investor.reliance.comReliance Steel & Aluminum Co. Agrees to Acquire Fry Steel Company - Reliance, Inc. (RS)Dec 17, 2019
• investor.reliance.comReliance Steel & Aluminum Co. Completes Acquisition of Fry Steel Company - Reliance, Inc. (RS)Jan 2, 2020

Summarized from public sources; check the original articles before acting on it.