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SAMUEL COMPLETES SALE OF CERTAIN SERVICE CENTER ASSETS TO RUSSEL METALS
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SAMUEL COMPLETES SALE OF CERTAIN SERVICE CENTER ASSETS TO RUSSEL METALS

OAKVILLE, ON, 12 August 2024 /CNW/ – Samuel, Son & Co., Limited (Samuel), a leading metals distributor and manufacturer of industrial products, today announced that it has officially completed the agreement to sell its carbon plate service center operations in Western Canada and the United States to Russel Metals Inc. (Russel).

Logo of Samuel Son & Co., Limited (CNW Group/Samuel Son & Co., Limited)Logo of Samuel Son & Co., Limited (CNW Group/Samuel Son & Co., Limited)

Logo of Samuel Son & Co., Limited (CNW Group/Samuel Son & Co., Limited)

Colin OsbornePresident and CEO of Samuel, stated, “Samuel is a highly diversified company with multiple business segments. We initiated this transaction to increase focus, accelerate investments and scale our growth. I want to thank the members of our team who are now joining Russell for their many contributions to Samuel. The solid operations they have built can now be expanded even further as part of Russell’s business.”

Samuel’s locations in Winnipeg, MB; Nisku, AB; Calgary, AB; SurreyBC and Langley, BC, as well as US Carbon Plate offices in Neville Island, PA and Buffalo, New York: The most beautiful beacheswill join Russel. Samuel will continue to manage more than 70 service centers, automotive and diversified manufacturing sites in North Americaand offers its customers comprehensive services including metal processing and finishing, 3D metal printing and automated solutions.

About Samuel

Established in 1855, Samuel, Son & Co., Limited is a family-owned and operated integrated network of metals manufacturing, processing and distribution divisions. Samuel’s employees supply metals, industrial products and related value-added services from locations throughout North AmericaThe company leverages its industry knowledge, extensive experience, and the passion of its employees to drive the success of North American companies, one customer at a time. For more information, visit Samuel.com.

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View original content to download multimedia: https://www.prnewswire.com/news-releases/samuel-completes-sale-of-certain-service-center-assets-to-russel-metals-302220349.html

SOURCE Samuel Son & Co., Limited

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View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2024/12/c0960.html

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