# 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.

- Type: Acquisition
- Announced: 2021-07-07
- Where: Canada
- Status: completed
- Products: OCTG (oil country tubular goods), line pipe
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [TriMark Tubulars](https://endata.com/companies/54463.md)
- [Russel Metals](https://endata.com/companies/5410.md) (partner)
- [Marubeni-Itochu Tubulars America](https://endata.com/companies/54462.md) (partner)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/russel-metals-and-marubeni-itochu-complete-merger-of-their-canadian-octgline-pipe-businesses-301327082.html), 2021-07-07: "This transaction is a major component in our strategy to repatriate capital from our OCTG/line pipe business to other value enhancing opportunities."
- [newswire.ca](https://www.newswire.ca/fr/news-releases/russel-metals-and-marubeni-itochu-complete-merger-of-their-canadian-octg-line-pipe-businesses-806475156.html), 2021-07-07: "This transaction is a major component in our strategy to repatriate capital from our OCTG/line pipe business to other value enhancing opportunities."

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