04
Aug
13:36
Reliance to buy Merfish United
Reliance Steel & Aluminum plans to buy tubular master distributor Merfish United, Kallanish reports.
Merfish is being offered by One Equity Partners, which joined with Merfish Pipe Holdings in 2012. Since the partnership, Merfish has acquired Kloeckner Metal’s pipe distribution business, as well as BBL and United Pipe.
Financial terms for the buy were not disclosed, though it is expected to close within the next 60 days.
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