Sept. 13, 2017

Russel Metals Acquires Color Steels

In an effort to grow its Canadian service center footprint, Milwaukee-based Russel Metals announced the recent purchase of Color Steels Inc., Concord, Ontario.

“The acquisition of Color Steels expands our Canadian service center product offerings into processed pre-painted flat-rolled product,” says John Reid, president and COO at Russel. “We welcome the employees and customers of Color Steels to our Russel Metals team."

Color Steels, which processes and distributes pre-painted metals at two facilities in Ontario and Quebec, posted revenues of approximately $45 million last year. As part of the deal, Color Steels’ management team and President David Sanderson will continue in their current roles.


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Monday, October 23, 2017