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Online Industrial Marketplace Reibus International Acquires Competitor
Tuesday 11 June 2019

11 June 2019 - US-based B2B industrial materials marketplace Reibus International, Inc has acquired all of the assets of Blue Steel LLC (d/b/a Metalmixx), an online platform that facilitates the purchase and sale of excess carbon steel, the company said.
Terms of the deal were not disclosed.
Reibus said it will transition Metalmixx customers to the Reibus platform, and Metalmixx will cease operations. 
By transitioning Metalmixx's users to Reibus, former Metalmixx customers will benefit from all of the advantages of Reibus' world-class platform, including a proprietary database of industrial metals for sale on an independent cloud-based platform, unique user tools such as trade credit solutions and complete freight services, security and anonymity for all transactions, all backed by an experienced sales and marketing team, the company said.
Key Metalmixx personnel have agreed to consult with Reibus to ensure a smooth transition for all Metalmixx customers.
Reibus International is the independent marketplace for industrial materials.
Date Published: 11/06/2019
Target: Blue Steel LLC (d/b/a Metalmixx)
Country: USA
Sector: IT/Online Services
Type: Corporate acquisition
Status: Agreed
Buyer: Reibus,  International
Terms of the deal were not disclosed