A mixture of samarium(II) iodide and samarium can induce a coupling reaction of three molecules of alkanoyl halide to give trialkylcarbinols of 2‐hydroxy‐1,3‐diones. When aliphatic, unbranched alkanoyl chlorides are used, this new coupling reaction provides trimeric products as the main reaction products. Tetrahydropyran (THP) proved superior as the solvent because no ring‐opening and subsequent reaction with the alkanoyl halides was observed under the reaction conditions, unlike when THF was used.