Russel Metals to sell stakes in TriMark for $61 million

Company

Russel Metals Inc.

Company

Marubeni-Itochu Tubulars America Inc. (MITI)

Law Firm / Organization
Dentons Canada LLP
Mississauga-based Russel Metals Inc. agreed to sell its 50 percent equity interest in TriMark Tubulars Ltd. to Marubeni-Itochu Tubulars America Inc. (MITI) in a deal valued at approximately $61 million. The deal is expected to be completed in the third quarter of 2023.
Merger & Acquisition
Mining
$ 61,000,000
Active