# JMC Steel Group completes acquisition of Lakeside Steel

JMC Steel Group completed the acquisition of Lakeside Steel Inc. for CAD $0.2983 per share in cash, with a total deal value in excess of $150 million. Lakeside is a diversified steel pipe and tubing manufacturer with facilities in Canada and the US.

- Type: Acquisition
- Announced: 2025-03-20
- Where: Welland, Ontario, Canada, Canada
- Value: $150.0M
- Status: completed
- Products: steel pipe and tubing, Oil Country Tubular Goods
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [JMC Steel Group](https://endata.com/companies/48549.md) (acquirer)
- [Lakeside Steel Inc.](https://endata.com/companies/48550.md) (target)

## Sources

- [fasken.com](https://www.fasken.com/en/solution/clientwork/2012/03/jmc-steel-group-completes-us$100-million-acquisition-of-lakeside-steel), 2025-03-20: "JMC Steel Group, Inc. is the largest independent steel tubular manufacturer in North America, producing more than 2 million tons of pipe and tubular products a year."

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