Russel Metals to acquire seven service centers from Samuel for $225M

Russel Metals has agreed to acquire seven metals service centers from Samuel, Son & Co. in Western Canada and the US Northeast for approximately $225 million, including $186 million of working capital.

“Russel Metals Inc. announces that it has entered into an agreement to acquire seven service center locations from Samuel, Son & Co., Limited for approximately $225 million.”newswire.ca

• 2 sources
• newswire.caRussel Metals to Acquire Seven Service Centers in Western Canada and the US NE from Samuel, Son & Co., LimitedRussel Metals Inc.Dec 4, 2023
• prnewswire.comRussel Metals to Acquire Seven Service Centers in ...Russel Metals Inc.Dec 4, 2023

Summarized from public sources; check the original articles before acting on it.