Synalloy to acquire Marcegaglia USA's stainless steel pipe operations

Synalloy Corporation, through its subsidiary Bristol Metals, signed a definitive agreement to acquire the stainless steel pipe and tube operations of Marcegaglia USA for $15-16 million, expected to close by March 1, 2017.

“The prospect of bringing together the capabilities of Bristol Metals and Marcegaglia’s U.S. stainless steel business is very exciting.”sec.gov

• 3 sources
• sec.govExhibitDec 13, 2016
• ir.ascentco.comSynalloy Corporation Signs Definitive Agreement to Acquire the Stainless Steel Pipe and Tube Operations of Marcegaglia USA :: Ascent Industries Co. (ACNT)Dec 13, 2016
• einpresswire.comSynalloy Corporation Signs Definitive Agreement to Acquire the Stainless Steel Pipe and Tube Operations of Marcegaglia USADec 13, 2016

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