Reliance Steel & Aluminum Co announced that, through its newly formed subsidiary Bralco Metals (Australia) Pty Ltd, it has acquired substantially all of the assets of Airport Metals (Australia) Pty Ltd, a subsidiary of Samuel Son & Co Limited.

Terms were not disclosed.

Airport Metals (Australia), based in Melbourne, operates as a stocking distributor of aircraft materials and supplies.

Mr David H Hannah chairman & CEO of Reliance Steel & Aluminum Co said "This strategic asset purchase will allow our existing Bralco Metals business to have a physical presence in the Australian market where they currently service aircraft and other key customers from our U.S. operations. This is our first entry into Australia and we are excited to leverage the strong reputation that Airport Metals has built in this area.”

Source - Reliance Steel & Aluminum Co

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