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13 Aug
17:27

Russel closes acquisition of Samuel service centres

Russel Metals has closed its acquisition of seven service centres in Western Canada and northeastern US from Samuel, Son & Co, Kallanish learns from a company press release. Oakville, Ontario-based Samuel agreed to sell the carbon steel plate service centres to Russel Metals for $225 million (see Kallanish 5 December 2023). The transaction was subject to customary conditions, with concern over product concentration within a specific geography. As a result…
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