Russel Metals Inc. to Acquire Seven U.S. Service Centers from Klöckner for $118.6 Million

Deep News

2025/09/29

Canadian metal distribution company Russel Metals Inc. (OTCPK:RUSMF) has announced its acquisition of seven service centers from Klöckner in the United States for $118.6 million. The acquisition is anticipated to deliver robust revenue growth and operational synergies, with the transaction expected to close by the end of 2025 or early 2026.

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