6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
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The operations and assets to be purchased by MRC relate to the business of the sale and distribution of pipe, valves and fittings, oilfield production and drilling supplies and related products. These assets generated net sales of approximately $12 million in 2009. Other details of the transaction were not disclosed.
The acquisition is part of MRC's plans to expand operations and inventory in active shales both organically and through acquisition. Dresser Oil Tools & Supply operates within the Bakken Shale.
Dale Sundley, president of Dresser Oil Tools & Supply, will join MRC as part of the region management group.
MRC is a global distributor of PVF and related products and services to the energy and industrial sectors.