Russel Metals to acquire Tampa Bay Steel for US$79.5 million

Russel Metals Inc. announced it has entered into an agreement to acquire Tampa Bay Steel Corporation for US$79.5 million, including working capital, buildings, equipment, and real estate. The acquisition extends Russel Metals' footprint into the Florida market.

“Russel Metals Inc. (TSX: RUS) announces that it has entered into an agreement to acquire Tampa Bay Steel Corporation for US$79.5 million, subject to normal course adjustments.”prnewswire.com

• 3 sources
• prnewswire.comRussel Metals to Acquire Tampa Bay SteelRussel Metals Inc.Nov 12, 2024
• newswire.caRussel Metals Closes Acquisition of Tampa Bay SteelRussel Metals Inc.Dec 4, 2024
• steel-technology.comDec 5, 2024

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