Reliance Steel (RS) to Acquire Merfish United

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Reliance Steel (RS) Acquires Merfish United from OEP

August 4, 2021 7:12 AM EDT

One Equity Partners ("OEP"), a middle market private equity firm, today announced that it has entered a definitive agreement to sell Merfish United (the "Company"), a leading master distributor of tubular building products in the United States, to Reliance Steel & Aluminum Co. (NYSE: RS), a diversified metal solutions provider and the largest metals service center operator in North America.

Headquartered in Ipswich, Mass., Merfish United is a master distributor of carbon steel pipes, copper tubing, plastic pipe, electrical conduit and related products that are distributed to its independent wholesale distributor customers... More