Reliance steel & aluminum co. acquires admiral metals servicecenter company, inc.

Los angeles, dec. 14, 2021 (globe newswire) -- reliance steel & aluminum co. (nyse:rs) announced that it has acquired admiral metals servicecenter company, inc. (“admiral metals”), a leading distributor of non-ferrous metal products in the northeastern united states. founded in 1950 and headquartered in woburn, massachusetts, admiral metals serves a wide variety of end markets including the semiconductor, automotive, medical, infrastructure, aerospace and industrial markets through its eight strategically located service center locations which provide next-day delivery of in-stock items. admiral metals' broad product offering of approximately 3,000 skus includes aluminum, brass, bronze, copper, stainless steel and steel in a variety of forms and shapes, including round, hex, rectangle, sheet, square, plate, and tube, among others. admiral metals also performs value-added custom cutting services for its customers. admiral metals' annual net sales in 2020 were approximately $134 million. the terms of the transaction were not disclosed.
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