M&A Deal Summary

Reliance Acquires Best Manufacturing

On April 1, 2016, Reliance acquired metals/mining company Best Manufacturing

Acquisition Highlights
  • This is Reliance’s 11th transaction in the Metals/Mining sector.
  • This is Reliance’s 15th transaction in the United States.
  • This is Reliance’s 1st transaction in Arizona.

M&A Deal Summary

Date 2016-04-01
Target Best Manufacturing
Sector Metals/Mining
Buyer(s) Reliance
Deal Type Add-on Acquisition

Target

Best Manufacturing

Jonesboro, Arizona, United States
Best Manufacturing, Inc. is a custom sheet metal fabricator of steel and aluminum products on both a direct and toll basis.

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Buyer(S) 1

Buyer

Reliance

Scottsdale, Arizona, United States

Category Company
Founded 1939
Sector Metals/Mining
Employees15,900
Revenue 13.8B USD (2024)
DESCRIPTION

Reliance is a metals service center company. Reliance's network of metals service centers operates more than 300 locations across the US and internationally. Through this network, Reliance provides metals processing services and distributes a full line of more than 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and specialty steel products. Reliance was founded in 1939 and is based in Scottsdale, Arizona.


DEAL STATS #
Overall 17 of 25
Sector: Metals/Mining M&A 11 of 16
Type: Add-on Acquisition M&A Deals 16 of 23
State: Arizona M&A 1 of 1
Country: United States M&A 15 of 23
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-01 Tubular Steel

Toronto, Ontario, Canada

Tubular Steel, Inc. is a producer and distributor of carbon, alloy and stainless steel pipe, tubing and bar products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-02 Ferguson Perforating Co.

Providence, Rhode Island, United States

Ferguson Perforating Co. is specializes in producing highly engineered and complex perforated metal for diverse end markets ranging from aerospace and automotive to industrial machinery, consumer electronics manufacturers, and sugar producers. The Company is headquartered in Providence, Rhode Island and operates an additional facility in New Castle, Pennsylvania.

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