M&A Deal Summary

Russel Metals Acquires Boyd Metals

On November 4, 2021, Russel Metals acquired metals/mining company Boyd Metals for 110M USD

Acquisition Highlights
  • This is Russel Metals’ 4th transaction in the Metals/Mining sector.
  • This is Russel Metals’ 3rd largest (disclosed) transaction.
  • This is Russel Metals’ 6th transaction in the United States.
  • This is Russel Metals’ 1st transaction in Arkansas.

M&A Deal Summary
Date 2021-11-04
Target Boyd Metals
Sector Metals/Mining
Buyer(s) Russel Metals
Deal Type Add-on Acquisition
Deal Value 110M USD

Target

Boyd Metals

Fort Smith, Arkansas, United States
Boyd Metals is a full-line steel service center that operates five service centers in Fort Smith (Arkansas), Little Rock (Arkansas), Joplin (Missouri), Oklahoma City (Oklahoma), and Tyler (Texas). Boyd's product mix primarily comprises carbon steel products and includes stainless steel, aluminum, and other related industrial products. Boyd also offers value-added processing services. Boyd Metals was founded in 1991 and is based in Fort Smith, Arkansas.

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Buyer(S) 1

Buyer

Russel Metals

Mississauga, Ontario, Canada
Category Company
Founded 1929
Sector Distribution
Employees3,500
Revenue 4.5B CAD (2023)
DESCRIPTION

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

DEAL STATS #
Overall 12 of 14
Sector (Metals/Mining) 4 of 6
Type (Add-on Acquisition) 12 of 13
State (Arkansas) 1 of 1
Country (United States) 6 of 7
Year (2021) 1 of 1
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-22 Sanborn Tube Sales of Wisconsin

Pewaukee, Wisconsin, United States

Sanborn Tube Sales of Wisconsin, Inc. operates as a distributor, fabricator, and mill representative providing the best supply chain solutions. Sanborn is a metals service center with a heavy emphasis on value-added processing. Sanborn Tube Sales of Wisconsin was founded in 1957 and is based in Pewaukee, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-04 Samuel - Western Canadian and U.S. carbon plate Service Center operations

Mississauga, Ontario, Canada

Samuel's Western Canadian and U.S. carbon plate Service Center operations provide metals, and industrial products. Samuel's Western Canadian and U.S. carbon plate Service Center operations are based in Mississauga, Ontario.

Buy $225M
Mergr

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