Search by
Los Angeles-based Reliance Steel & Aluminum Co., North America's largest metals service center company, announced its acquisition of Nu-Tech Precision Metals Inc., a custom manufacturer headquartered in Arnprior, Ontario. Founded in 1985, Nu-Tech specializes in specialty extruded metals, fabricated parts, and welded components, serving industries such as nuclear, aerospace, and military across North America.
The financial terms of the transaction were not disclosed.
Nu-Tech Precision Metals Inc. was advised by Gowling WLG, with a team led by Filomena Frisina, including Faran Umar-Khitab, Travis Evens, Aaron Goldstein, Mariam Al-Shikarchy, Ian Macdonald, Natalie Rizkalla-Kamel, Jasleen Chahal, Pamela Green, Alexandra Sadvari, Andrew Bratt, and Dan Hayhurst.
Parties
Company
Reliance Steel & Aluminum Co.
Company
Nu-Tech Precision Metals Inc.
Deal Type
Merger & AcquisitionIndustry
MiningTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
15 February 2022