Houston, TX-based McJunkin Red Man Corporation (MRC) has agreed to acquire Transmark Fcx Group B.V., an international distributor of specialty valves and flow control equipment.
MRC’s President and CEO, Andrew Lane said, “This acquisition is yet another step in the transformation of MRC which began in 2007 with the merger of McJunkin Corporation and Red Man Pipe and Supply Company to form McJunkin Red Man Corporation.” Since that time, MRC has acquired the remaining ownership of Midfield Supply in Canada and acquired St. Louis, MO-based LaBarge Pipe and Steel.
Transmark, Bradford, UK, has a network of 45 distribution and service facilities in the U.K., Europe, the Middle East, Australia, New Zealand, and Southeast Asia. The company serves major international companies in the petrochemical and refining, chemical, power and energy industries.
MRC is a North American distributor of pipe, valves and fittings (PVF) and related products and services to the energy industry, based on sales, and serves this industry across each of the upstream, midstream and downstream and industrial sectors.