Nov. 8, 2017

A.J. Oster Acquires Unimet Metal Supply

A.J. Oster LLC, a subsidiary of Global Brass and Copper Holdings, Schaumburg, Ill., has acquired the business of Unimet Metal Supply, which includes Alumet. The company was purchased for $42 million.

Alumet is a nonferrous metals service center, providing coated aluminum, aluminum, copper and brass sheet and strip products to the construction and transportation markets. The company offers cut-to-length, slitting and coating capabilities.

The acquisition will expand A.J. Oster’s product portfolio to include aluminum sheet and strip in addition to leveraging A.J. Oster’s presence in the copper and brass strip industry. This acquisition also expands A.J. Oster’s geographic presence into the South and Southeast through Alumet’s facilities in Atlanta and Texas while also providing additional outlets for Alumet’s products through A.J. Oster’s facilities in the Chicago area and Mexico.

“This transaction marks a significant step in Global Brass and Copper’s strategic efforts to profitably grow through acquisition, and we are excited about adding Alumet to our company,” says John Wasz, CEO of Global Brass and Copper.

“We are excited about the synergies this acquisition brings to A.J. Oster to generate profitable growth. We look forward to working with the Alumet leadership team and employees to integrate these businesses over the coming months,” says Kevin Bense, president of A.J. Oster.


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Saturday, November 18, 2017