Russel Metals Inc. 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).
Courtesy of Russel Metals.