# Russel Metals to acquire Boyd Metals for $110M

Russel Metals Inc. announced it has entered into an agreement to acquire Boyd Metals for US$110 million. Boyd operates five service centers in the U.S. South, primarily in carbon steel products. The transaction is expected to close in Q4 2021.

- Type: Acquisition
- Announced: 2021-11-04
- Where: Fort Smith, Arkansas; Little Rock, Arkansas; Joplin, Missouri; Oklahoma City, Oklahoma; Tyler, Texas, United States
- Value: $110.0M
- Status: announced
- Products: carbon steel products, stainless steel, aluminum
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Russel Metals](https://endata.com/companies/5410.md) (acquirer)
- [Boyd Metals](https://endata.com/companies/58851.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/russel-metals-to-acquire-boyd-metals-301417178.html), 2021-11-04: "The acquisition of Boyd is a continuation of this repositioning."
- [newswire.ca](https://www.newswire.ca/fr/news-releases/russel-metals-closes-acquisition-of-boyd-metals-800329614.html), 2021-12-01: "Russel Metals Inc. announces that it has closed its acquisition of a group of companies that operate as Boyd Metals."

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