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Logistik

Cooksey Iron & Metal Company has been acquired by Reliance Steel & Aluminum Co

The shareholders of Cooksey Iron & Metal Company have sold the company to Reliance Steel & Aluminum Co.

Founded in 1917, Cooksey is a metals service center that processes and distributes finished steel products such as tubing, beams, plates and bars. The company is headquartered in Tifton, Georgia, and was founded by J.S. Cooksey. Over the past 100 years, it has served a wide variety of customers, including agriculture equipment manufacturers, structural fabricators, trailer manufacturers and other industrial companies. Cooksey serves its customers using three facilities.

Founded in 1939, Reliance (NYSE: RS) is a leading global diversified metal solutions provider and the largest metals service center company in North America. Through a network of approximately 315 locations in 40 states and 12 countries outside of the US, Reliance provides value-added metals processing services and distributes a full-line of over 100,000 metal products to more than 125,000 customers in a broad range of industries.

Oaklins Heritage in Jacksonville served as the intermediary and exclusive financial advisor to the seller in this transaction.

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“It was a pleasure to work with the Oaklins Heritage team to advise our company in this transaction. Their staff of former executives of the industry and knowledge of service center operations led us to several opportunities. Their expertise and thoroughness helped our company navigate through the transaction process. We are very excited to join the Reliance family of companies and are looking forward to the continued growth opportunities to Cooksey Steel. We would not have completed this transaction without the contributions of the Oaklins Heritage team.”

Mike and Taylor Cooksey

Owners, Cooksey Iron & Metal Company

Prata med transaktionsteamet

Bert M. Tenenbaum

Bert M. Tenenbaum

Principal
Savannah, USA
Oaklins Heritage
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Doug Kravet

Doug Kravet

Principal
Jacksonville, USA
Oaklins Heritage
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John Montgomery

John Montgomery

Principal
Jacksonville, USA
Oaklins Heritage
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