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December 6, 2005

DXP Enterprises Acquires R.A. Mueller

DXP Enterprises Inc., Houston, TX, has purchased R.A. Mueller, a $21 million fluid handling equipment distributor based in Cincinnati, OH, for $7.3 million in cash and promissory notes. DXP will also assume about $1.7 million in debt.

“This strategic acquisition will allow for growth in revenue, customer base, geography and product offerings,” DXP President and CEO David Little said. “DXP has not previously conducted operations in the geographic area served by R.A. Mueller.”

Founded in 1952, R.A. Mueller serves Ohio, Indiana, Kentucky and West Virginia.

Mueller's adjusted EBITDA for the 12 months ending Oct. 31, 2005, was $1.7 million.

DXP Enterprises Inc. provides pumping solutions, integrated supply and MROP (maintenance, repair, operating and production) services in pumps, bearings, power transmission, seals, hose, safety, fluid power, electrical and industrial supplies.

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