Reliance Steel & Aluminum Co. has reached an agreement to acquire Yarde Metals, Inc., a metals service center company headquartered in Southington, CT. The transaction is expected to be finalized within 60 days, subject to the completion of due diligence and regulatory approvals. Yarde specializes in the processing and distribution of stainless steel and aluminum plate, rod and bar products. Yarde has additional metals service centers in Pelham, NH; East Hanover, NJ; Hauppauge, NY; High Point, NC; Streetsboro, OH; and Limerick, PA and a sales office in Ft. Lauderdale, FL.
David Hannah, Reliance's CEO, said, "The Yarde acquisition adds significantly to our geographic network in the Northeastern United States and also expands our customer base and product offerings."
Latest from Recycling Today
- ReMA urges open intra-North American scrap trade
- Axium awarded by regional organization
- China to introduce steel export quotas
- Thyssenkrupp idles capacity in Europe
- Phoenix Technologies closes Ohio rPET facility
- EPA selects 2 governments in Pennsylvania to receive recycling, waste grants
- NWRA Florida Chapter announces 2025 Legislative Champion Awards
- Goldman Sachs Research: Copper prices to decline in 2026
