The Sterling Group-backed Fencing Supply Group, a group of independent fencing distributors, completed the acquisition of Merchants Metals, a distributor of fence supplies in the US, from Atlas Holdings, a private investment firm. Financial terms were not disclosed. "Fencing Supply Group is a platform that will promote and enable growth for independent distributors of fencing materials nationwide. I look forward to being a part of the leading network of fencing distributors led by industry experts and entrepreneurs who come together to create value for customers, employees, and suppliers," Andrea Hogan, Merchants CEO.