Marubeni-Itochu Tubulars America

Activity by year

202120222023202420252026

Acquisition

Jul 7, 2021ACQUISITIONCanada
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.
TriMark Tubulars Russel Metals partner Marubeni-Itochu Tubulars America partner #Steel and Metal Products prnewswire.com newswire.ca
Apr 14, 2021ACQUISITIONCanada, Canada$138.0M
Russel Metals and Marubeni-Itochu to merge Canadian OCTG/line pipe businesses
Russel Metals and Marubeni-Itochu Tubulars America Inc. will combine their Canadian OCTG/line pipe businesses into a new joint venture, TriMark Tubulars Ltd. Russel Metals will receive $138 million in cash and retain a 50% equity interest.
Russel Metals Russel Metals partner Marubeni-Itochu Tubulars America partner TriMark Tubulars partner TriMark Tubulars target Triumph Tubular & Supply target #Steel and Metal Products prnewswire.com steelmarketupdate.com steelorbis.com

Partners

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