Russel Metals and Marubeni-Itochu merge Canadian OCTG/line pipe businesses

Russel Metals Inc. and Marubeni-Itochu Tubulars America Inc. completed the merger of their Canadian OCTG/line pipe businesses, combining Triumph Tubular & Supply Ltd. and Hallmark Tubulars Ltd. into a new company, TriMark Tubulars Ltd.

“This transaction is a major component in our strategy to repatriate capital from our OCTG/line pipe business to other value enhancing opportunities.”prnewswire.com

• 2 sources
• prnewswire.comRussel Metals and Marubeni-Itochu Complete Merger of Their Canadian OCTG/Line Pipe BusinessesRussel Metals Inc.Jul 7, 2021
• newswire.caRussel Metals and Marubeni-Itochu Complete Merger of Their Canadian OCTG/Line Pipe BusinessesRussel Metals Inc.Jul 7, 2021

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