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
Employees3,970
Revenue 4.3B CAD (2024)
DESCRIPTION

Russel Metals operates as a metals distribution company that supplies carbon steel, stainless steel, aluminum, and related industrial products to manufacturers, distributors, and energy sector clients. Russel Metals was founded in 1929 and is based in Mississauga, Ontario.


DEAL STATS #
Overall 1 of 14
Sector: Distribution M&A 1 of 7
Type: Add-on Acquisition M&A Deals 1 of 13
State: Arizona M&A 1 of 1
Country: United States M&A 1 of 7
Year: 2007 M&A 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.

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