The 2020 Mid-Year Economic Update_long

Day: January 18, 2006

Beacon Roofing Supply Acquires Two More Distributors

Beacon Roofing Supply, Inc. has acquired Mississippi Roofing Supply, Inc. and Alabama Roofing Supply, LLC, affiliated companies. They are headquartered in Pearl, Miss. and Montgomery, Ala., respectively. MRS and ARS operate a combined three facilities one in Mississippi and two in Alabama that offer residential and commercial roofing products and other complementary building products. Together …

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Steel Service Center Reliance Agrees to Buy Earle M. Jorgenson Company for $934M

Reliance Steel & Aluminum Co., Los Angeles, CA, has agreed to acquire steel service center Earle M. Jorgensen Company, Lynwood, CA, for $934 million including assumption of $291 million in net debt. The price is a premium of 25% over EMJ’s share price as of Jan. 17, 2006. The transaction is expected to be completed …

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