Edgen Murray Acquires Equipment Valve & Supply
Edgen Murray has acquired Equipment Valve & Supply, Inc. on Friday, August 31, 2007. Equipment Valve, from its locations in Houston, Texas and Broussard, Louisiana, is a leading distributor of specialized valves and actuation packages primarily to the oil and gas exploration and production, natural gas transmission, petrochemical, processing, and industrial market segments.
"Equipment Valve's products, which are used to control, direct, and measure the flow of oil and gas, are complimentary to our existing product offering. The addition of valves to our global distribution infrastructure further strengthens our commitment to our customers to provide them with a comprehensive specialty supply solution," stated Dan O'Leary, the Chief Executive Officer of Edgen Murray Corporation. "Additionally, both the Company and our customers will benefit from over 150 years of collective experience, expertise and knowledge of the Equipment Valve personnel who will be joining the Edgen Murray team."
Edgen Murray is a global distributor of high performance carbon and alloy steel products for use primarily in specialized applications in the energy infrastructure market, including the oil and gas, processing and power generation industries. The products Edgen Murray distributes are highly engineered prime carbon or alloy steel pipe, pipe components and high grade structural sections and plates, which are designed to withstand the effects of corrosive or abrasive material and possess performance characteristics required in extreme operating conditions, including high pressure and high/low temperature environments. Edgen Murray currently serves customers in more than 50 countries worldwide through 24 locations internationally, including 15 in the United States, two in Canada, three in Europe/West Africa, three in Asia/Pacific, and one in the Middle East.