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IPSCO Tubulars Inc.

Company Summary

Description

IPSCO Tubulars Inc. is a producer and supplier of seamless and welded oil country tubular goods and other pipe products, with headquarters in Houston, Texas, and manufacturing facilities located in Texas, Pennsylvania, Ohio, Kentucky, Arkansas, Oklahoma, Iowa, Nebraska and Alberta, Canada.

Recent news

  • 3/22/2019 - Tenaris Acquiring IPSCO... (subscriber access)
  • 2/12/2018 - IPSCO Tubulars Postpones... (subscriber access)

Company Transactions

Date: 4/29/2019
Type: Acquisition

BUYERS:
  • Tenaris SA
    • SELLERS:
  • IPSCO Tubulars Inc.
  • PAO TMK
    • DETAILS:

    COST: 1209 $MM

    NOTES:
    Tenaris SA has entered into a deal with Russian firm PAO TMK to acquire U.S. based IPSCO Tubulars, Inc. for $1,209 million, including working capital of $270 million.
    REGIONS:
  • United States