RUSSEL METALS CLOSES ACQUISITION OF SEVEN SERVICE CENTERS FROM KLOECKNER
Prnewswire·2026-01-02 20:00
TORONTO, Jan. 2, 2026 /PRNewswire/ - Russel Metals Inc. (TSX: RUS) announces that it has closed its acquisition of seven service centers in the US from Kloeckner Metals Corporation ("Kloeckner") for US$102 million, subject to normal-course working capital adjustments. The seven metals service centers are located in Dubuque (Iowa), Charlotte (North Carolina), Suwanee (Georgia), Houston (Texas), Austin (Texas), Jacksonville (Florida) and Pompano Beach (Florida). John Reid, President and CEO of Russel Metals ...