A. M. Castle & Co. Acquires Tube Supply for $165M

By Allie Wickman
Benzinga Staff Writer
December 16, 2011 9:02 AM

Symbols: CAS

Posted in: News, M&A

A. M. Castle & Co. (NYSE: CAS) announced today that it has completed the acquisition of Houston, TX – based Tube Supply, Inc. (Tube Supply), a leading value-added distributor of specialty tubular and bar products for the oil and gas industry. Tube Supply has provided high quality products and services primarily to the North American oilfield equipment manufacturing industry for the past 25 years. The purchase price was $165 million.

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A. M. Castle & Co. Acquires Tube Supply for $165M

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