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Russel Metals Inc. closes acquisition of assets from Samuel, Son & Co., Limited

PRIVATEAug 12, 2024

Acquiring Company

Russel Metals

Acquired Company

Samuel, Son & Co.

MississaugaManufacturingManufacturingAutomotive

Description

Russel Metals Inc. has successfully completed the acquisition of seven service centers located in Western Canada and the Northeast U.S. from Samuel, Son & Co., Limited. This strategic move further strengthens Russel Metals' position as one of the largest metals distribution companies in North America with a growing focus on value-added processing.

Quick answer

Russel Metals is acquiring Samuel, Son & Co., announced August 12, 2024. Russel Metals is based in Mississauga, Ontario, Canada.

Who acquired Samuel, Son & Co?
Russel Metals agreed to acquire Samuel, Son & Co. on August 12, 2024.
How much did Russel Metals pay for Samuel, Son & Co?
The deal value was not disclosed.
What does Russel Metals do?
Russel Metals is one of the largest metals distribution companies in North America, with a growing focus on value-added processing.
Where are Russel Metals and Samuel, Son & Co. based?
Russel Metals is based in Mississauga, Ontario, Canada.
Who are the decision-makers at Russel Metals?
Fundz holds 3 contacts at Russel Metals. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Russel Metals

Location

Mississauga, Ontario, Canada

About

Russel Metals is one of the largest metals distribution companies in North America, with a growing focus on value-added processing. It carries on business in three segments: metals service centers, energy products and steel distributors. Its network of metals service centers carries an extensive line of metal products in a wide range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals. Its energy products operations carry a specialized product line focused on the needs of energy industry customers. Its steel distributors operations act as master distributors selling steel in large volumes to other steel service centers and large equipment manufacturers mainly on an "as is" basis.

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Frequently asked

Who acquired Samuel, Son & Co.?

Samuel, Son & Co. was acquired by Russel Metals, based in Mississauga. The deal was reported on August 12, 2024. Russel Metals is one of the largest metals distribution companies in North America, with a growing focus on value-added processing. Russel Metals is privately held and operates in Manufacturing.

When did Russel Metals acquire Samuel, Son & Co.?

Russel Metals's acquisition of Samuel, Son & Co. was reported on August 12, 2024. Russel Metals Inc. has successfully completed the acquisition of seven service centers located in Western Canada and the Northeast U.S. from Samuel, Son & Co., Limited. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Samuel, Son & Co. do?

Founded in 1855, Samuel, Son & Co., Limited, is a family-owned integrated network of metal manufacturing, processing and distribution divisions. It is privately held, operating in Manufacturing.

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