# Russel Metals to acquire City Pipe & Supply for $160 million

Russel Metals has entered into a stock purchase agreement to acquire all outstanding shares of City Pipe & Supply for about $160 million. City Pipe & Supply had revenues of about $275 million in its last fiscal year and supplies pipe, valves and fittings to oil and gas companies.

- Type: Acquisition
- Announced: 2019-10-17
- Where: Texas and New Mexico, United States
- Value: $160.0M
- Status: announced
- Products: pipe, valves, fittings
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Russel Metals](https://endata.com/companies/5410.md) (acquirer)
- [City Pipe & Supply](https://endata.com/companies/5411.md) (target)

## Sources

- [supplyht.com](https://www.supplyht.com/articles/102630-russel-metals-to-acquire-city-pipe-supply), 2019-10-17: "Russel Metals recently announced it has entered into a stock purchase agreement to acquire all the outstanding shares of City Pipe & Supply Corp., for about $160 million."

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