# 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.

- Type: Acquisition
- Announced: 2016-12-13
- Where: Munhall, Pennsylvania, United States
- Value: $15.5M
- Status: announced
- Products: stainless steel pipe, stainless steel tube
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Synalloy Corporation](https://endata.com/companies/20673.md) (acquirer)
- [Marcegaglia USA](https://endata.com/companies/20674.md) (target)
- [Bristol Metals](https://endata.com/companies/20675.md) (acquirer)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/95953/000009595316000232/ex991-announcementofmusa.htm), 2016-12-13: "The prospect of bringing together the capabilities of Bristol Metals and Marcegaglia’s U.S. stainless steel business is very exciting."
- [ir.ascentco.com](https://ir.ascentco.com/news-events/press-releases/detail/111/synalloy-corporation-signs-definitive-agreement-to-acquire), 2016-12-13: "The prospect of bringing together the capabilities of Bristol Metals and Marcegaglia’s U.S. stainless steel business is very exciting."
- [einpresswire.com](https://www.einpresswire.com/article/357849590/synalloy-corporation-signs-definitive-agreement-to-acquire-the-stainless-steel-pipe-and-tube-operations-of-marcegaglia-usa), 2016-12-13: "The prospect of bringing together the capabilities of Bristol Metals and Marcegaglia’s U.S. stainless steel business is very exciting."

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