Ferguson Enterprises Inc. acquired Louisiana Chemical Pipe, Valve & Fitting Inc., expanding its presence in the Gulf Coast.
Enterprises Inc.announced the acquisition of Louisiana Chemical Pipe, Valve
& Fitting Inc. (Louisiana Chemical PVF) in an asset transaction completed
August 29. The company will operate as part of Ferguson’s industrial division,Wolseley
Industrial Group, which is a leading supplier of solutions to the North
American industrial market.
Louisiana Chemicalis a
distributor of stainless steel, carbon steel and nickel alloy pipe, valves,
fittings and flanges. The company was established in 1998 byBobby
DeAngelo, who will remain as general manager. The company has three
locations, two in Baton Rouge and one in Sulphur, LA.
Chemical PVF is a strong and reputable company in the Baton Rouge market and
has been since 1998,” saidRob Braig, vice president for
Wolseley Industrial Group. “There is a strong demand for PVF products and
services in the Gulf
Coast region and we are
confident this acquisition will enable us to fully meet this demand by enhancing
our local presence.”
with Wolseley Industrial Group’s national brand, the potential growth
opportunities are tremendous,” said DeAngelo. “The acquisition allows us to
further deliver on Louisiana Chemical PVF’s mission - to consistently provide
the highest quality service and competitive pricing to our customers. This is a
win-win transaction for both companies.”