The leading Turkish manufacturer of steel pipes Borusan Birleşik Boru Fabrikaları Ticaret a.
ş. (Borusan Borru) announced in a press release for the Turkish platform of public disclosure of information that his American subsidiary Borusan Berg Pipe entered into negotiations on the conclusion of an agreement on the sale of a large-diameter pipeline worth $ 550 million, strengthening its strategic growth in one of the world's largest markets Pipes.
Borusan said that negotiations are part of the ongoing project, although the counterparty was not publicly disclosed. If the transaction is completed, it is expected to make a significant contribution to the Borusan turnover in 2026, emphasizing the long -term strategy of the company in the US steel pipeline industry.
Borusan’s journey in the United States began in 2014, when the company invested $ 150 million in the creation of a modern production plant in Houston, Texas. In April 2023, Borusan further strengthened its positions by acquiring Berg PIPE for $ 162 million BERG PIPE controls two plants located in Florida and Alabama, which specialize in the production of large-diameter steel pipes necessary for the oil and gas pipelines.
