Metals service center company Reliance Steel & Aluminum Co. said Friday it has purchased Lampros Steel Inc., a Portland, Ore., company that specializes in structural steel.
As part of the deal, Los Angeles-based Reliance also gets a stake in Lampros Steel Plate Distribution LLC, which owns a 50 percent interest in LSI Plate, a carbon steel plate distributor.
Lampros Steel and LSI Plate had combined revenue of $29 million last year. Lampros will become a subsidiary of Reliance's American Metals Corp. Current management will remain in place.
Terms of the deal were not disclosed.
豫公网安备41010502003434号