July 11, 2006

Reliance Steel & Aluminum Co., Los Angeles, CA, has agreed to acquire Yarde Metals Inc., a metals service center based in Southington, CT. Yarde had sales of $385 million in the fiscal year ended June 30, 2006. Yarde was founded in 1976 and specializes in the processing and distribution of stainless steel and aluminum plate, […]

Owens & Minor, Richmond, VA, has agreed to acquire certain assets of the acute-care medical and surgical supply distribution business of McKesson Medical-Surgical, a business unit of McKesson Corporation, for approximately $170 million. After an estimated six-month transition plan is completed, the acquisition is expected to generate at least $800 million in incremental annual revenue for

SalesMay 2006 sales of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations and trading-day differences but not for price changes, were $325.5 billion, up 1.6 percent (+/-0.5%) from the revised April level and were up 12.1 percent (+/-1.0%) from the May 2005 level. The April preliminary estimate was revised upward