Russel Metals Purchasing JMS Metal Services

October 2007
Metal Center News;Oct2007, Vol. 47 Issue 11, p8
Trade Publication
The article reports on the acquisition of JMS Metals Services Inc. by Russel Metals Inc. in Mississauga, Ontario. The acquisition of JMS will offer Russel Metals with a new geographic presence and management team that will grow the U.S. businesses. According, the total deal value of approximately $125 million will be funded from the $207 million cash balance of Russel Metals.


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