More M&A's in the Pipeline

February 2007
Metal Center News;Feb2007, Vol. 47 Issue 2, p13
Trade Publication
The article reports on a strong merger and acquisition activity among producers of pipe and tube products in the U.S. Last December 2006, IPSCO Inc., Lisle, Illinois, completed its $1.46 billion acquisition of Newport, Kentucky-based NS Group Inc. St. Louis-based Maverick Tube Corp. was also acquired by Tenaris SA of Luxembourg for $3.19 billion in October 2006. These consolidations are between companies with clear marketing strategies to venture in a competitive U.S. market.


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