Add-on Acquisition • Metals/Mining

Russel Metals Acquires Fab South

On December 5, 2016, Russel Metals acquired metals/mining company Fab South

Acquisition Context
  • This is Russel Metals’ 2nd transaction in the Metals/Mining sector.
  • This is Russel Metals’ 2nd transaction in the United States.
  • This is Russel Metals’ 1st transaction in Tennessee.

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M&A Deal Summary

Date December 5, 2016
Target Fab South
Sector Metals/Mining
Buyer(s) Russel Metals
Deal Type Add-on Acquisition

Target Company

Fab South

Troy, Tennessee, United States
Fab South, Inc. is a metal processing and fabrication company.
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Buyer Overview 1

Buyer

Russel Metals

Mississauga, Ontario, Canada

Category Company
Founded 1929
Sector Distribution
Employees3,970
Revenue 4.3B CAD (2024)
DESCRIPTION

Russel Metals operates as a metals distribution company that supplies carbon steel, stainless steel, aluminum, and related industrial products to manufacturers, distributors, and energy sector clients. Russel Metals was founded in 1929 and is based in Mississauga, Ontario.


Deal Context for Buyer #
Overall 8 of 15
Sector: Metals/Mining 2 of 7
Type: Add-on Acquisition 8 of 13
State: Tennessee 1 of 1
Country: United States 2 of 8
Year: 2016 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-19 Western Fiberglass Pipe Sales

Red Deer County, Alberta, Canada

Western Fiberglass Pipe Sales Ltd. is a distributor of fiberglass down hole tubing casing, facility pipe and line pipe within the oil and gas industry servicing Western Canada, with offices located in Estevan, Saskatchewan and Red Deer, Alberta.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-21 DuBose Steel

Roseboro, North Carolina, United States

DuBose Steel, Inc. is a full line structural steel service center operation with value-added processing capabilities serving customers along the east coast and south eastern United States from its facilities located in Roseboro and Fayetteville, North Carolina.

Buy -