Fluid solutions distributor TIPCO announced on June 19 its partnership with Houston, TX-based DW Industries
Terms were not disclosed, but Richard Weaver will continue to lead DW Industries as part of the partnership.
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Established in 1979 by Dale Weaver, DW Industries is a supplier of hoses and hose assemblies. Serving industries from petrochemical and oilfield to defense, agriculture, marine and HVAC, the company delivers tested, certified products from its ISO and API-certified facility, producing large volumes daily.
TIPCO said the partnership enhances its presence in Texas and expands its footprint to 42 locations across 17 states.
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“We’re thrilled to join forces with Richard Weaver and the exceptional team at DW Industries,” TIPCO Co-CEO Rob Lyons said in the news release. “Together, we aim to build on DW’s world-class fabrication capabilities, all backed by industry-leading certifications and a commitment to excellence in quality control.”
TIPCO’s most recent previous acquisitions was of Rochester, NY-based Potter Associates, announced on March 18.
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