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Home » Metals Distribution Consolidates
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Metals Distribution Consolidates

Reliance and newcomer Esmark drive M&A activity

April 10, 2006
Lindsay Young
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The metals industry has bounced back from its lows five years ago. Prices have jumped, boosting bottom lines and fueling a surge in M& A activity. The latest: Reliance Steel and Aluminum's $934 million purchase of Earle M. Jorgensen Company, which will take it to more than $5 billion in annual revenues. Here's how the new landscape in metals distribution is shaping up.


Consolidation in metals distribution has ramped up of late, with a few big players taking on major acquisitions. Chief among them was Reliance Steel and Aluminum with its $934 million purchase this month of Earle M. Jorgensen Company.


The number of metals service center locations in North America has been cut nearly in half ...

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