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HOME > CUSTOMER CENTER > NEWS |
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| TITLE |
Merfish acquires assets of BBL |
| WRITER |
administrator |
DATE |
2013-11-04 10:24:31 |
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Merfish Pipe & Supply, Co hs announced that a wholly owned affiliate has purchased the assets of BBL Company.
BBL Company, founded in 1971, is a distributor of steel pipe and tubing, serving the greater Pennsylvania and New Jersey area. It is an authorised distributor of US Steel and Wheatland Tube. Products distributed by BBL include carbon, alloy, stainless steel, nickel and aluminium pipe/tube in sizes 1/8" to 24".
Merfish is a 93-year-old distributor of carbon steel pipe, fittings and flanges, serving distributors in the USA. Its products include carbon steel welded and seamless standard pipe, carbon steel seamless pipe fittings and carbon steel forged flanges. Merfish Pipe & Supply is a wholly owned subsidiary of Merfish Pipe Holdings, LLC, which is majority owned by One Equity Partners, the private equity arm of JP Morgan Chase & Co.
Merfish Pipe Holdings is also the owner of Pipe Exchange, a distributor of carbon steel API line pipe primarily to end users across the energy exploration end markets in and east of the Rocky Mountains. Pipe Exchange's products include carbon steel ERW API line pipe, carbon steel seamless API line pipe, and carbon steep API line pipe coated for underground installation. Its primary end markets include energy exploration and gathering for oil, dry natural gas and natural gas liquids.
Gerald Merfish, CEO of Merfish Holdings, commented, "Our acquisition of the assets of BBL, a south-eastern Pennsylvania-based distributor of steel pipe and tubing, marks a new and exciting chapter for Merfish as we bring our industry leading master distribution of steel pipe, fittings and flanges to the north-eastern USA."
Bob Rau of BBL, Inc remarked, "My team and I are thrilled to now be working with a company with such a wonderful reputation as Merfish. We look forward to helping Merfish establish itself in the north-eastern USA steel pipe market."
Merfish's primary end markets include commercial construction, incustrial, residential construction and steel/structural fabrication.
Merfish Pipe & Supply - USA |
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