Reliance Steel & Aluminum Co. (NYSE: RS), Los Angeles, CA, through its newly-formed subsidiary Bralco Metals (Australia) Pty Ltd, has acquired Airport Metals (Australia) Pty Ltd, a subsidiary of Samuel Son & Co., Limited. Airport Metals (Australia), based in Melbourne, operates as a stocking distributor of aircraft materials and supplies.
We Deliver Distribution News to Your Inbox
Sign up below to receive MDM Update, your free weekly distribution news update by email.
Terms were not disclosed.
"This strategic asset purchase will allow our existing Bralco Metals business to have a physical presence in the Australian market where they currently service aircraft and other key customers from our U.S. operations," Reliance CEO David H. Hannah said. "This is our first entry into Australia and we are excited to leverage the strong reputation that Airport Metals has built in this area."
Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.
Download the Top 40 Industrial Distributor List Free
Get the Top 40 Industrial Distributors list in PDF, and you will be signed up below to receive MDM Update, your free daily distribution news update by email.