Reliance Steel & Aluminum Co. said it has closed its previously disclosed acquisition of the Encore Group of metals service center companies based in Edmonton, Alberta.

Current management will remain in place, Los Angeles-based Reliance said Monday, with Encore Group operating as a wholly owned subsidiary. Terms of the all cash deal, which Reliance said will be immediately accretive to earnings, were not disclosed.

Reliance Steel, one of the nation’s largest steel distribution companies, has been on an acquisition tear in recent months in line with a consolidation trend within the industry. Last month it completed purchase of Crest Steel Corp. in Carson and the Industrial Metals and Surplus Inc. in Atlanta, Ga., as well as a related company.

Under Chief Executive Dave Hannah, Reliance has acquired nearly 40 businesses in recent years.