# Reliance Steel & Aluminum acquires Nu-Tech Precision Metals

Reliance Steel & Aluminum Co. acquired Nu-Tech Precision Metals Inc., a custom manufacturer of specialty extruded metals and fabricated parts in Arnprior, Ontario. Nu-Tech had 2020 net sales of approximately $44 million.

- Type: Acquisition
- Announced: 2021-12-13
- Where: Arnprior, Ontario, Canada
- Status: completed
- Products: specialty extruded metals, fabricated parts, welded components
- 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)
- [Nu-Tech Precision Metals](https://endata.com/companies/24061.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2021/12/13/2350605/0/en/reliance-steel-aluminum-co-acquires-nu-tech-precision-metals-inc.html), 2021-12-13: "Reliance Steel & Aluminum Co. announced that it has acquired Nu-Tech Precision Metals Inc."
- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/reliance-steel-aluminum-co-acquires-canadian-metal-product-manufacturer-1226186.htm), 2021-12-13: "Nu-Tech's focus on specialty products with high levels of value-added processing aligns with our business model and strategy of investing in high quality, high margin businesses."
- [obj.ca](https://obj.ca/arnpriors-nu-tech-precision-metals-acquired-by-fortune-500-firm/), 2021-12-14: "Nu-Tech fits within Reliance's methodology of acquiring immediately accretive companies with strong management teams, brand recognition and quality reputations."

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