# 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.

- Type: Acquisition
- Announced: 2023-12-04
- Where: Winnipeg, Calgary, Nisku, Langley, Surrey, Buffalo, Pittsburgh, Canada
- Value: $225.0M
- Jobs: 340
- Status: announced
- Products: metals service center products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Russel Metals](https://endata.com/companies/5410.md) (acquirer)
- [Samuel, Son & Co.](https://endata.com/companies/29146.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/russel-metals-to-acquire-seven-service-centers-in-western-canada-and-the-us-ne-from-samuel-son-amp-co-limited-885447837.html), 2023-12-04: "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."
- [prnewswire.com](https://www.prnewswire.com/news-releases/russel-metals-to-acquire-seven-service-centers-in-western-canada-and-the-us-ne-from-samuel-son--co-limited-302003931.html), 2023-12-04: "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."

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