M&A Deal Summary

Russel Metals Acquires JMS Russel Metals

On September 28, 2007, Russel Metals acquired distribution company JMS Russel Metals

Acquisition Highlights
  • This is Russel Metals’ 1st transaction in the Distribution sector.
  • This is Russel Metals’ 1st transaction in the United States.
  • This is Russel Metals’ 1st transaction in Arizona.

M&A Deal Summary

Date 2007-09-28
Target JMS Russel Metals
Sector Distribution
Buyer(s) Russel Metals
Deal Type Add-on Acquisition

Target

JMS Russel Metals

Jonesboro, Arizona, United States
JMS Russel Metals Corp. is a distributor of alloy, carbon steel, stainless steel, aluminum, and other specialty steel products for more than 3,500 customers in a broad range of industries.

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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 1 of 14
Sector (Distribution) 1 of 7
Type (Add-on Acquisition) 1 of 13
State (Arizona) 1 of 1
Country (United States) 1 of 7
Year (2007) 1 of 1
FOLLOWING 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 -