The Carlyle Group To Buy Wheatland Tube, Seminole Tubular Products

The Carlyle Group has agreed to acquire John Maneely Co. (JMC), the parent of Wheatland Tube Co., a manufacturer of steel pipe and tubular products, and Seminole Tubular Products Co., a manufacturer of plumbing and electrical fittings. The transaction is expected to close in the first quarter of 2006. Financial terms were not disclosed.

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