# Russel Metals to acquire seven service centers from Kloeckner for US$119M

Russel Metals Inc. entered an agreement to acquire seven metals service center locations from Kloeckner Metals Corporation in the US for approximately US$118.6 million, including working capital and PP&E.

- Type: Acquisition
- Announced: 2025-09-28
- Where: Dubuque (Iowa), Charlotte (North Carolina), Suwanee (Georgia), Houston (Texas), Austin (Texas), Jacksonville (Florida), Pompano Beach (Florida), United States
- Value: $118.6M
- Jobs: 350
- Status: announced
- Products: metals service center services
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Russel Metals](https://endata.com/companies/5410.md) (acquirer)
- [Kloeckner Metals](https://endata.com/companies/16814.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/russel-metals-to-acquire-seven-service-centers-in-the-us-from-kloeckner-302568973.html), 2025-09-28: "The acquisition of these seven locations is a complementary fit with our existing US locations."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.