M&A Deal Summary

Russel Metals Acquires Alberta Industrial Metals

On May 24, 2012, Russel Metals acquired distribution company Alberta Industrial Metals

Acquisition Highlights
  • This is Russel Metals’ 2nd transaction in the Distribution sector.
  • This is Russel Metals’ 2nd transaction in Canada.
  • This is Russel Metals’ 1st transaction in Alberta.

M&A Deal Summary

Date 2012-05-24
Target Alberta Industrial Metals
Sector Distribution
Buyer(s) Russel Metals
Deal Type Add-on Acquisition

Target

Alberta Industrial Metals

Red Deer, Alberta, Canada
website
Alberta Industrial Metals Ltd. is a metals distribution and processing service center located in Red Deer, Alberta.

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Buyer(S) 1

Buyer

Russel Metals

Mississauga, Ontario, Canada

website


Category Company
Founded 1929
Sector Distribution
Employees3,010
Revenue 5.1B CAD (2022)
DESCRIPTION

Russel Metals operates as a metals distribution company in North America. Russel Metals was founded in 1929 and is based in Mississauga, Canada.


DEAL STATS #
Overall 3 of 13
Sector (Distribution) 2 of 7
Type (Add-on Acquisition) 3 of 12
State (Alberta) 1 of 4
Country (Canada) 2 of 7
Year (2012) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-01 Siemens Laserworks

Saskatoon, Saskatchewan, Canada

Siemens Laserworks, Inc. (the “Company”), based in Saskatoon, Saskatchewan, is a specialist fabricator in laser cutting, braking, punching, machining, welding, alodine surface finishing and EMI gasket deposition services. The Company’s primary production focus centered on lean manufacturing concepts: the use of direct-flow manufacturing, Just-In-Time (JIT) production, Vendor-Managed inventory (VMI), Kanban replenishment and sequenced kit production. The Company is the low-cost provider of JIT, specialty steel fabrication services in Western Canada. The operational restructuring plan included a growth strategy to fill increasing demand, a new sales and marketing strategy. The implementation of the plan increased cash flow two-fold in the first year.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-08 Apex Distribution

Calgary, Alberta, Canada

Apex Distribution, Inc. is an oilfield supply company predominantly servicing the Western Canadian oil and gas industry and the Saskatchewan potash market.

Buy -