Mechanical insulation distributor Distribution International, Inc. (DI) on Tuesday announced its acquisition of RB, LLC, one of North America’s largest marine specialty insulation distributors and fabricators.
“This acquisition is an exciting addition for DI as we continue to advance toward our goal of emerging from the pandemic as the clear service leader in the mechanical insulation fabrication and distribution industry,” says Steve Margolius, CEO, Distribution International. “RB brings deep technical expertise and valuable customer relationships in the marine insulation segment to DI, and we look forward to joining forces and expanding our marine product and service offering to our combined customer base in the U.S. and Canada.”
RB operates two marine distribution and fabrication facilities, located in New Orleans and San Diego. They will become part of DI’s existing marine operations and will be led by Joey Viselli, SVP and general manager, U.S. East & Silvercote Division, according to the company.
DI is a portfolio company of Advent International.