Russel closes on purchase of oilfield supply firm Apex

Nov 09, 2012 | 01:35 PM | Corinna Petry

Tags  Russel Metals Inc., Apex Distribution Inc., acqusition, oilfield products, energy tubulars, Don White, Corinna Petry

CHICAGO — Processor and distributor Russel Metals Inc. has completed its Canadian $225-million ($225-million) acquisition of Apex Distribution Inc. and its subsidiaries.

Edmonton, Alberta-based Apex supplies oilfield products servicing western Canada’s oil and gas industry and the Saskatchewan potash market.....





Latest Pricing Trends

Poll

What is causing the most weakness to the U.S. metals industry?

Imports
Stagnant non-residential construction demand
Sequestration and government cuts
Global uncertainty, particularly in Europe
Too many suppliers chasing too few orders


View previous results

AMM Events