The 2020 Mid-Year Economic Update_long

NOW Inc. to Acquire Odessa Pumps and Equipment

Acquisition expands company's product and service offerings.

NOW Inc. (NYSE: DNOW), Houston, TX, has agreed to acquire Odessa Pumps and Equipment Inc., a distributor of pumps and equipment for the oil & gas and municipal and wastewater markets. Terms were not disclosed.

Odessa has 300 employees and 13 sales and operations locations across Texas, New Mexico and Oklahoma.

The acquisition expands the company's product and service offerings for energy customers.

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