Synalloy to acquire Marcegaglia's galvanized tube operations in Munhall

Synalloy Corporation has entered into an agreement to purchase Marcegaglia's galvanized tube operations in Munhall, Pennsylvania, for a total consideration of $20 million. The closing is scheduled for the end of June 2018.

“This acquisition supplements the company’s ability to fulfill domestic demand as a result of the Section 232 steel tariffs.”steelorbis.com

• 1 source
• steelorbis.comSynalloy to acquire Marcegaglia’s galvanized tube operations in Munhall, USMay 31, 2018

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