# Russel Metals closes acquisition of seven service centers from Kloeckner

Russel Metals Inc. closed its acquisition of seven metals service centers in the US from Kloeckner Metals Corporation for US$102 million. The centers are located in Iowa, North Carolina, Georgia, Texas, and Florida.

- Type: Acquisition
- Announced: 2026-01-02
- Where: Dubuque (Iowa), Charlotte (North Carolina), Suwanee (Georgia), Houston (Texas), Austin (Texas), Jacksonville (Florida), Pompano Beach (Florida), United States
- Value: $102.0M
- Status: completed
- Products: carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum, non-ferrous specialty metals
- 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

- [barchart.com](https://www.barchart.com/press-releases/36858842/russel-metals-closes-acquisition-of-seven-service-centers-from-kloeckner), 2026-01-02: "We look forward to expanding our US footprint in key geographic areas."

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