M&A Deal Summary

Reliance Acquires MidWest Materials

On April 2, 2024, Reliance acquired metals/mining company MidWest Materials

Acquisition Highlights
  • This is Reliance’s 1st transaction in the Metals/Mining sector.
  • This is Reliance’s 1st transaction in the United States.
  • This is Reliance’s 1st transaction in Ohio.

M&A Deal Summary

Date 2024-04-02
Target MidWest Materials
Sector Metals/Mining
Buyer(s) Reliance
Deal Type Add-on Acquisition
Advisor(s) Brown Gibbons Lang & Co. (Financial)

Target

MidWest Materials

Perry, Ohio, United States
website
MidWest Materials is a premier flat-rolled steel service center for North American original equipment manufacturers. MidWest Materials was founded in 1952 and is based in Perry, Ohio.

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Buyer(S) 1

Buyer

Reliance

Scottsdale, Arizona, United States

website


Category Company
Founded 1939
Sector Metals/Mining
DESCRIPTION

Reliance is a global diversified metal solutions provider and the largest metals service center company. Reliance was founded in 1939 and is based in Scottsdale, Arizona.


DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1