Tenaris acquires Canada-based Mattr’s pipe coating business

Monday, 04 December 2023 11:08:40 (GMT+3)   |   Istanbul
       

Luxembourg-based steel tube producer Tenaris has announced that it has completed the acquisition of Canadian materials technology company Mattr’s pipe coating business unit for $182.6 million.

The business acquired includes nine plants located in Canada, Mexico, Norway, Indonesia, the UAE and the US. The business also includes R&D facilities in Canada and Norway and a wide product portfolio.


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