Acquisitions

12 Months Ended

Aug. 31, 2013

Business Combinations [Abstract]

Acquisitions

NOTE 4. ACQUISITIONS

For the years ended August 31, 2013 and 2012, the Company did not have any business acquisitions.

During 2011, the Company completed the purchase of G.A.M. Steel Pty. Ltd. ("G.A.M."), based in Melbourne, Australia for $48.4 million. G.A.M. is a leading distributor and processor of steel long products and plate, servicing the structural fabrication, rural and manufacturing segments in Victoria, Australia. The acquisition of G.A.M. complemented the Company's existing national long products distribution investments in Australia.