© Reuters. Global Brass and Copper acquires Alumet
- Oster, a subsidiary of Global Brass and Copper (BRSS +0.9%), has acquired the business of Unimet Metal Supply for $42M in cash.
- “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,” said CEO John Wasz.
- Unimet is a non-ferrous metals service center that provides coated aluminum, aluminum, copper and brass sheet and strip products.
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