The 2020 Mid-Year Economic Update_long

MRC Global Acquires MSD Engineering Limited

Acquisition will expand MRC Global's footprint in Southeast Asia.

Pipe, valves and fittings distributor MRC Global Inc. (NYSE: MRC), Houston, TX, has acquired MSD Engineering Limited. Located in Singapore, MSD Engineering is a distributor of valve and valve automation solutions to Southeast Asia.

MSD Engineering will operate under MRC Global Inc.’s Singapore subsidiary MRC Transmark Limited.

"This acquisition complements our current MRC Transmark valve business in Southeast Asia and is consistent with our announced strategy to grow our valve and valve automation business and to expand geographically into Southeast Asia and in the other key energy regions around the world," said Andrew Lane, president and CEO of MRC Global.

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