# Synalloy's Bristol Metals buys Marcegaglia USA's pipe and tube operations for $14.95 million

Synalloy Corporation's subsidiary Bristol Metals, LLC closed on the purchase of Marcegaglia USA's stainless steel pipe and tube operations for $14.95 million, creating the largest domestic producer of welded stainless steel pipe and mechanical tube in North America.

- Type: Acquisition
- Announced: 2017-02-28
- Where: Bristol, Tennessee and Munhall, Pennsylvania, United States
- Value: $14.9M
- Status: completed
- Capacity: 70 million pounds annually
- Products: stainless steel pipe, mechanical tube
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Synalloy Corporation](https://endata.com/companies/20673.md) (acquirer)
- [Synalloy Corporation](https://endata.com/companies/20673.md) (investor)
- [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/95953/000009595317000025/ex991-announcementofmusaac.htm), 2017-03-01: "The combined capacity of the two operations will exceed 70 million pounds annually across all product lines."
- [thefabricator.com](https://www.thefabricator.com/tubepipejournal/news/metalsmaterials/synalloy-subsidiary-purchases-marcegaglia-usa-s-stainless-pipe-tube-operations), 2017-03-01: "The combined capacity of the two operations will exceed 70 million pounds annually across all product lines."
- [sec.gov](https://www.sec.gov/Archives/edgar/data/95953/000009595317000025/synl-20170306x8kxmusa.htm), 2017-03-06: "On February 28, 2017, Bristol Metals, LLC, a Tennessee limited liability company (“Bristol Metals”) and a subsidiary of Synalloy Corporation, a Delaware corporation (“Synalloy”), entered into Amendment No. 1 to Asset Purchase Agreement (the “Amendment”) with Marcegaglia USA, Inc., a Pennsylvania cor"

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