Russel Metals recently announced it has entered into a stock purchase agreement to acquire all the outstanding shares of City Pipe & Supply Corp., for about $160 million. City Pipe & Supply’s revenues were about $275 million during its last fiscal year.
The Lubrizol Corp., in partnership with Genova Products, expands its line of cost-effective and easy-to-install FlowGuard Gold pipes and fittings with the addition of the new FlowGuard MultiPort, the company reveals.
Houston, Texas-based Texas Pipe & Supply announced the acquisition of Alloy Piping Products (APP), effective June 27, and MultAlloy, J+J Alloys, and J+J Bar Plus, effective July 1.
