Varsteel acquires Reliable Tube and Spartan Metal Processing

Varsteel Ltd. announced two new strategic acquisitions. The Canadian service center stated that the acquisitions position it to meet a wider range of steel product needs.

The Lethbridge, Alberta-based service center acquired two companies based in British Columbia: Reliable Tube, based in Langley, and Spartan Metal Processing, based in Kelowna. Each will operate as an independent subsidiary of Varsteel, the company said in its Sept. 3 LinkedIn update.

Kristen DiLandro

Kristen DiLandro is a reporter for Steel Market Update. Kristen focuses on the micro and macro steel market conditions informing North American spot prices. Following her agency career in advertising, she attained an MFA in Writing from Savannah College of Art and Design. Kristen can be reached at kristen@steelmarketupdate.com or 724-221-8143.

Kristen DiLandro

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