May 27, 2015
Russel Acquires Western Fiberglass Pipe Sales
Russel Metals, Inc., Mississauga, Ontario, has acquired Western Fiberglass Pipe Sales. Western is a leading distributor of fiberglass down-hole tubing casing, facility pipe and line pipe for the oil and gas industry serving Western Canada.
The company has offices in Estevan, Saskatchewan, and Red Deer, Alberta. It had approximately $30 million in revenues in 2014. The newly acquired business will operate under the name Apex Western Fiberglass.
"We are extremely pleased to add the operations of Western Fiberglass to our network of oilfield operations. Their fiberglass pipe and fitting product line, design capabilities and technical installation services will provide added value to our customer base,” says Don White, president of Apex Distribution. “Fiberglass is a viable alternative to steel applications in the oil and gas industry that provides less maintenance, low installation cost, improved flow capacity and long service life."