Tenaris completed the acquisition of Republic Tube pipe processing facility from Republic Tube.

Tenaris, a global manufacturer and supplier of steel pipes and related services, completed the acquisition of Republic Tube, a pipe processing facility, a pipe processing facility primarily for the energy industry in Houston, from Republic Tube, a pipe supplier. Financial terms were not disclosed. “We had been analyzing multiple possibilities to expand and strengthen our industrial footprint. We were already partially using Republic Tube to process some of our domestic production, and, by adding this facility to our network, we are improving process flow and efficiency, granting us greater flexibility to serve our US customers,” Luca Zanotti, Tenaris US President.