Singer Equities Acquires Shipyard Supply, LLC - Modern Distribution Management

Singer Equities Acquires Shipyard Supply, LLC

The business will continue operating under the Shipyard Supply name.

Singer Equities, Inc. has acquired Shipyard Supply, LLC. Metairie, Louisiana-based Shipyard Supply distributes and fabricates metal, industrial and composite hose assemblies, fittings and industrial supplies out of their locations in Metairie, Houston and Mobile, Alabama. Founded in 1992, Shipyard Supply serves a diverse customer base in the general industrial, refinery, petrochemical, marine and construction markets.

President and owner Jeff Wickersham will remain with the company, continuing to operate under the Shipyard Supply name. “Jeff and his talented team have built a successful hose business by providing exceptional service throughout the gulf region and beyond,” says Sam Petillo, president of Singer Equities. “This acquisition expands Singer’s product offering and strengthens our presence in the refinery and petrochemical markets in the gulf region.”

Jeff Wickersham adds, “Singer is the right partner to support Shipyard’s core values of providing exceptional customer service and world-class products. Singer’s scale and national footprint will help us better serve our customers.”

Singer Equities has 57 locations specializing in industrial and hydraulic hose, conveyor belt, gaskets and related services. Singer Equities, along with Bishop Lifting Products and Dakota Fluid Power, are wholly owned subsidiaries of SBP Holdings, headquartered in Houston, and through its 95 locations provides industrial rubber, wire rope, rigging, fluid power products and services to a broad range of industrial markets throughout North America.

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