Acquisition will expand MRC Global's footprint in Southeast Asia.
Latest In Industrial PVF
Acquisition strengthens MRC's instrument flow control business.
Remaining HD Supply Canada business to be integrated with HD Supply White Cap.
New Hampshire facility will serve both businesses' customers.
Wolseley U.S. sales grow 6.2 percent in the first half.
NOV splits financial reporting segments into four groups.
Clay Williams has been president and CEO at NOV since December 2012.
Van Leeuwen acquires Tubexpress, a pipe and tube distributor focused on the oil and gas industry.
Cumberland, under the same name, will operate as a division of R/W Connection.
International segment revenues are expected to increase 60 percent in 2014.
Goldman Sachs has been a private equity sponsor of MRC Global since 2007.
MRC Global's sales decline due in part to planned reduction in oil country tubular goods business.
Edgen Group had sales of $2.1B in 2012.
Pune, India-based Virgo serves global oil and gas, power and mining markets.
The company opened two Winsupply locations and one Winwater Works location.
New executive vice presidents have been appointed.
The decrease was due in part to declining oil country tubular goods sales.
This article is part of MDM's 2013 Distribution Trends Report. It provides a quick look at key trends affecting the industrial PVF distribution sector.
The annual report was researched and written by MDM editors based on interviews with dozens of wholesaler-distributors, as well as industry experts and manufacturers. MDM also conducted a survey of its readers to uncover the trends outlined in this report.
The full report is available to download in PDF format to MDM Premium subscribers. Subscribe below for full access. Or log-in if you are already a subscriber.
Trends outlined in the 2013 report include:
- Generational Shift Drives Changes in Technology, Customer Expectations
- Hiring in Distribution Complicated by Lack of Visibility, Shifting Needs
- The Rise of Little Data in Distribution
- Distributors Get Smarter About Vending
- Distributors Get Aggressive with Inventory Management
- Vendor, Distributor Consolidation Continues
- Wallet Share, Customer Demands Drive Channel Convergence
- Other Trends
- Trend Snapshots for 14 Sectors
The report also includes the following case studies and interviews:
- 2013 MDM Market Movers
- Replenex Builds Culture of Cost Savings
- A&M Industrial Finds Niche in Essential Services
- Strategic Planning Pays Off for Machinery Tooling & Supply
- MDM Market Leader Profiles
- Interline Brands' Focus on Jan-San
- Arrow Electronics Plots a Global Course
