Reliance steel & aluminum co. completes acquisition of merfish united

Los angeles, oct. 04, 2021 (globe newswire) -- reliance steel & aluminum co. (nyse:rs) announced today that effective october 1, 2021, it has acquired merfish united, a leading master distributor of tubular building products in the united states, from one equity partners, a middle market private equity firm. headquartered in ipswich, massachusetts, merfish united serves 47 u.s. states through its twelve strategically located distribution centers. merfish united's broad product offering includes full lines of steel pipe, copper tubing, plastic pipe, electrical conduit and related products for the commercial, residential, municipal and industrial building markets. for the twelve months ended june 30, 2021, merfish united's net sales were approximately $500 million. the current merfish united team, including management, will remain in place. the terms of the transaction were not disclosed.
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